Banding Together for the Future of Jordan's Youth
20th April 2014
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Young people in Jordan occupy a greater percentage of the population than ever before, and they are proportionately affected in the job market. The International Labor Organization found that Jordan's unemployment rate raised to 13% last year, most of which young job-seekers, and 53% of 20-24 year-olds seeking employment had graduated with a high school diploma or college degree and still could not find work. Tamweelcom, the Jordanian Microcredit Company, has partnered with INJAZ and German Jordanian University to empower youth with the training and resources they need to become financially-viable and entrepreneurially-minded members of society.
Tamweelcom has embarked upon these two partnerships in order to exchange key areas of expertise and skill that can benefit Jordanian youth. INJAZ brings to the table training courses, experience in promoting volunteerism, and other resources for small business owners. As INJAZ Chief Executive Dima Bibi noted, "Together, Tamweelcom and INJAZ meet the organizations' mission to enhance and prepare youth to become active members in their community and participate in the development of the national economy." The memorandum signed with German Jordanian University connects aspiring young leaders with specialized courses in management and logistics, with an emphasis on supporting impoverished communities in Naou’r and Madaba using Tamweelcom's expertise in microfinance.