Jordan

Feb 22, 2020
Vitas Group, created by Global Communities is a for-profit holding company that operates a network of microfinance companies, predominantly in the Middle East. They are a unique group of companies with more than twenty years of proven track record of successfully lending to micro, small, and medium enterprises and the only such investment vehicle for impact investors in the region. Since 2004, Vitas companies have disbursed more than $3 billion to over 1 million customers with an annual default rate below two percent. Every two years, Vitas Group surveys clients in its affiliated institutions to assess customer satisfaction, the impact of loans... Read more
Dec 11, 2019
The 16 Days of Activism against Gender-Based Violence is an annual international campaign that kicks off on 25 November, the International Day for the Elimination of Violence against Women, and runs until 10 December, Human Rights Day. It was started by activists at the inaugural Women’s Global Leadership Institute in 1991 and continues to be coordinated each year by the Center for Women’s Global Leadership. It is used as an organizing strategy by individuals and organizations around the world to call for the prevention and elimination of violence against women and girls. (www.unwomen.org) The "16 Days of Activism" animated video below... Read more
Oct 02, 2019
In 2015, Global Communities' launched the One Good Idea Award as an opportunity to create, innovate and promote learning from within and capture the innovation and learning that occurs at both the headquarters and field level. The Award, which is supported by the Sanders Family Foundation, allows us to reflect on how we can strengthen our interventions, methodologies, and programming more broadly and use what we capture to position Global Communities as thought leaders in the industry. This year’s winner, announced on October 1, 2019, is the Entrepreneurship Development activity in Sri Lanka. Proposed by Global Communties' subsidiary in Jordan, Partners for Good, the Entrepreneurship Development in Sri Lanka... Read more
Jun 05, 2019
Vitas Group recently issued a report including a Gender Action Plan that seeks to offer tailored services and a better understanding of the needs of women clients, which is expected to result in improved retention and outreach for borrowers. Vitas Group is a Global Communities enterprise established in 2006 as a microfinance holding company with subsidiaries in Lebanon, Romania, Jordan and Palestine, and affiliates in Iraq and Egypt. In 2018 the Vitas Group launched the Vitas Values Equality initiative to raise awareness and secure from all tiers of management a commitment to embracing gender equality across the network. Then in March of this year Vitas Iraq,... Read more
Jun 05, 2019
Members of the Jordan Loan Guaranty Facility (JLGF) team were at Global Communities headquarters recently to discuss the important work of JLGF – providing insight into the mechanics of this program, as well as its impact. JLGF provides partial loan guarantees and technical assistance to enable creditworthy but previously underserved small and medium enterprises (SMEs) to obtain bank financing for start-up and expansion efforts. JLGF is a $250 million Loan Guaranty Facility operated by Global Communities, and established with the support and guaranty coverage from USAID and the Overseas Private Investment Corporation, respectively. SMEs in Jordan contribute 50 percent of the GDP of the private sector, provide 52 percent of private sector employment, and form 98 percent of the corporate... Read more
Feb 13, 2019
The Global Impact Project, created by the US Global Leadership Coalition (USGLC), tells the story of how businesses, NGOs, foundations, and universities are partnering with the U.S. government to address global challenges – creating impact abroad and in the United States. Global Communities' Digni-Loo innovation in Ghana as well as our Jordan Loan Guarantee Facility are featured projects it this project. Read the features below. Innovating the Toilet to Control Cholera: Bringing Sanitary Facilities to Rural Communities... Read more
Dec 15, 2018
Message from Elissa McCarter-LaBorde, CEO of Vitas Group The year 2017 marked several exciting developments for Vitas Group. We signed shareholders agreements and closed investments with new commercial partners in Lebanon and Egypt. Saradar Bank purchased a 49 percent stake in Vitas Lebanon and committed $20 million in new debt financing to expand our footprint across the country. Saradar Bank is a premier financial institution in Lebanon and has been at the center of Lebanese banking for over 60 years. Egyptian private equity firm BPE Partners, through its new subsidiary “Ebtikar,” entered a 50/50 joint venture to launch Vitas Egypt. Vitas Egypt will be the first microfinance company in the country... Read more
Aug 31, 2018
Durreyeh Neqdeli — Committed to Serving Her New Community Young refugee helps bridge the gap between Syrians and Jordanians through community service
Durreyeh (on left) is the first Syrian member of the Community Enhancement Team in her small community in Jordan. Durreyeh Neqdeli is only 25 years old, but she has already experienced a lot. Five years ago her family made the difficult decision to leave their home in Syria and move the family to the safety of Jordan. With her parents and four siblings, the Neqdelis found refuge in No’aimeh, a small community in Irbid City. They arrived with nothing, but full of hope for a fresh start. Syrian families often face social, psychological and economic challenges as they work to rebuild their lives. The transition was challenging for... Read more
Aug 03, 2018
The World Is Getting Younger: Aid Groups Rush to Meet Urgent Needs By Megan Rabbitt, Communications Manager, USGLC A staggering 25 percent of the global population is now between the ages of 10 and 24. And while meeting the needs of an outsized youth population would be a challenge for any country, the majority of the world’s young people are concentrated in resource-strapped nations. As this so-called “youth bulge” continues to grow, developing countries will need the support of developed nations and private organizations to ensure every young person has the chance to become a self-sufficient adult. International... Read more
Oct 05, 2017
Fact Sheet: WASH in Emergencies Water is essential for a range of day-to-day human needs, including consumption, hygiene and irrigation. In developing countries where clean water may already be scarce, conflicts or natural disasters can devastate water and sanitation infrastructure, and reduce people’s abilities to access this key resource. As a result, contaminated water and poor quality sanitation services can increase the prevalence of diseases and deteriorate hygiene and productivity. Global Communities’ humanitarian Water, Sanitation, and Hygiene (WASH) programs are designed to provide immediate access to clean water and sanitation facilities, while improving hygiene practices and laying the... Read more
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