The document discusses the National Microfinance Bank's new Green Loan product. The loan is intended to help Jordanians purchase energy efficient products like solar water heaters, photovoltaic systems, and energy efficient appliances to reduce power consumption and costs. This will help Jordan meet its goal of obtaining 10% of its energy from renewable sources by 2020. The Green Loan is appealing because repayment amounts match the estimated savings on clients' electricity bills. National Microfinance Bank credit officers will use tablets to calculate estimated savings for each client's individual consumption to determine appropriate payback periods for the Green Loans.

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18th Microcredit Summit
National Microfinance Bank
Green Loan Product

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NMB in a few words
• Alwatani was established in 2006 as a partnership between Program for
Development (AGFUND), King Abdullah II Fund for Development (KAFD), and
two private sector investors.
• The concept of Alwatani stems from His Highness’, Prince Talal bin Abdul-Aziz’s
initiative to establish banks for micro and small entrepreneurs throughout the Arab
World.
• Alwatani aims at financing income generating projects for underserved segments of
society, spreads a culture of micro credit and entrepreneurship and carries out
mission driven activities.
• Also, aims at applying financial inclusion concept to offer all its clients’ needs and
requirements.
• Alwatani is currently serving Jordanian communities through 30 branches in all
Jordanian governorates
• Sub list 5

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Operational & Financial Indicators as of 31st Dec 2015
• Sub list 5

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Product Back ground
Jordan’s Country Energy Strategy
seeks to Increase Reliance on
Renewable Energy to reach 10 % of the
overall Energy Mix By 2020.
According to Jordan Renewable Energy
& Energy Efficiency Fund , Solar
Heaters Penetration rate into Potential
Market is only 12%
NMB developed a green Loan product
in collaboration with USAID Energy
Sector Capacity Building where ESCB
provided technical Assistance .
That product will assist Jordanians
tremendously reduce their power
consumption and become resilient
against increasing electricity prices.
 NMB “green loan product” will make
available financing to Jordanians
purchasing energy efficient products
Green Loan product =
1.Electrical Appliances 2. Solar Water
Heaters 3.Photovoltaic systems 4.
Lighting Fixtures
NMB conducted Initial walkthroughs to
asses and identify potential vendors .
NMB attracted offers from all major
vendors in the kingdom among which
Main Green Loan providers where
chosen .
NMB’s Minimum rating requirement
for any Appliance to be Min of A+

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What makes this Loan
product appealing to Clients ?
This Loan product is unique in away
that client’s repayments will match
electricity bill saving
SavingCalculation
Through Smart tablets tech. all credit
officers will Calculate saving in power
bill for each client after purchase of
Green Loan products .
Based on each clients consumption,
payback periods will be calculated .
NMB Green Loan

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