The latest quarterly report issued by the Microfinance Institutions Network in Jordan (Tanmeyah) revealed a tangible decline in the number of active borrowers and the total outstanding credit portfolio, alongside a noticeable drop in the number of credit branches across various governorates of the Kingdom.
اضافة اعلان
According to the figures, the number of active borrowers dropped to 320,000 in the first quarter of this year, compared to 386,000 during the same period last year, marking a 17% decrease. Meanwhile, the number of active outstanding loans fell from approximately 374,000 loans to nearly 308,000, representing a 17.5% decline.
The total loan portfolio also decreased by more than 38 million JOD, reaching 237 million JOD compared to nearly 277 million JOD in the first quarter of 2025—a 14% drop. Conversely, the average remaining loan balance per borrower rose slightly by around 4.2%, standing at 769 JOD.
On the other hand, the ratio of written-off debts from credit portfolios rose to 1.4% in the first quarter of this year, equivalent to a 36% increase. Meanwhile, total deferred installments amounted to approximately 11 million JOD, accounting for 4.5% of the total portfolio, registering a slight decline from the first quarter of 2025.
Furthermore, the report categorizes the services of microfinance institutions in the Kingdom into three main sectors under which various financing products fall. The productive sector accounted for 49% of the total portfolio, followed by the social/developmental sector at approximately 37%, and consumer financing at around 14%. The average value of a newly granted loan reached 1,040 JOD, down from 1,148 JOD in the first quarter of 2025, marking a 9% decline.
(Al-Mamlaka)
