The National Microfinance Company in Jordan, often referred to as Alwatani, and the National Microfinance Bank (NMB), are two distinct entities operating in the microfinance sector. Here's an overview of each: ### National Microfinance Company (Alwatani) - Overview: Alwatani is a Jordanian microfinance institution operating as a private shareholding company. It is authorized by the Central Bank of Jordan to provide financial services tailored to specific segments, following international best practices in microfinance[1]. - History and Vision: The company was initiated under the patronage of Her Majesty Queen Rania and His Highness Prince Talal bin Abdul-Aziz. Its vision is to enhance clients' livelihoods through financial inclusion[1]. - Services and Expansion: Alwatani serves over 96,000 active clients through a network of 35 branches. It has embarked on a digital transformation journey, integrating e-wallets and launching a digital branch to enhance service delivery[1]. - Product Range: Offers over 12 products catering to diverse client needs, including educational, agricultural, and service sectors[1]. ### National Microfinance Bank (NMB) - Overview: NMB is also a Jordanian microfinance institution registered as a private shareholding company. It is authorized by the Central Bank of Jordan to provide financial services to targeted segments[4][5]. - Mission and Strategy: NMB aims to support micro and small entrepreneurs, particularly women and youth, by providing sustainable financial and non-financial services. It operates through a network of 35 branches, serving over 95,000 active clients[4][5]. - Licensing and Technology: NMB was licensed under the MFI system in 2015 and aims to employ new technology to enhance client services[3][4]. Both institutions play significant roles in promoting financial inclusion and supporting small entrepreneurs in Jordan.