• Mobile banking
  • Direct Finance
  • Technical Assistance

MEII'S Strategy in Jordan

The Financial Literacy and Matchmaking Program (FLMP) is a three-year Technical Assistance program aimed at developing the accounting and financial literacy of small and medium enterprises (SMEs) in Jordan. This program provides technical assistance and training directly to SMEs to help them better understand their financial performance and its impact on their businesses.

The program focuses on business plan development and utilization of financial accounting software to develop needed financial statements and reports so that SMEs can present their financial needs transparently through an innovative matchmaking web based platform (Tamweeli), ensuring that bankable businesses have a more fair chance at accessing credit from the financial sector.


Jordan’s economy recorded its sixth consecutive year of tepid growth in 2015 with GDP increasing 2.4%.  This modest performance reflects the adverse impacts of conflicts in neighboring Iraq and Syria on tourism, investment, exports and overall economic activity. Moreover, public debt continued to increase and the current account deficit widened amid falling tourism revenues and aid transfers.  The unemployment rate is approximately 13% causing increased tension with the estimated 1.4 million Syrian refugees in the country (one fifth of the total population), only 20% of whom are living in formal refugee camps.

Small and Medium Enterprises in Jordan

Jordan is a major anchor of stability in the MENA region and the refugee crisis is putting considerable strain on the Jordanian government and society.  Jordan has over 100,000 SMEs (97% of all companies), making up more than 50% of the country’s GDP, employing 60% of the Jordanian workforce, and accounting for 45% of exports.  Helping Jordanian SMEs (including refugee businesses) grow and expand will have a broad effect on the Jordanian economy and improve regional stability.

Although Jordan's banking sector witnessed a year of satisfactory banking activity growth coupled with adequate financial standing in 2014, access to finance and finding financial resources is still considered one of the main challenges for SME’s in Jordan.

The World Bank’s Doing Business Report ranked Jordan 167 out of 185 countries in the Getting Credit Indicator, in 2013.

The percentage of adults with an account at a formal financial institution was only 25% in 2011. Only 17% of women have an account with a formal financial institution. The percentage of adults who have taken a loan in 2011 was a low 4%. This percentage for women corresponds to nearly 4%.



MEII also has an internship program in Jordan for qualified and hard working accounting students. This program matches university students or recent graduates with SMEs who require accounting and financial technical assistance. In return, our interns are provided with real-life experience. In some cases, our interns are offered a post-internship employment opportunity with MEII’s SME clients. 

To read a summary of our internship program click here

To learn more about the training timeline and other specific information about our internship program click here.