ACC’s Mafraq Branch Disburses JD4 Million in Loans in 2024

Mafraq: The Agricultural Credit Corporation’s (ACC) Mafraq branch disbursed a total of JD4 million in loans last year, as stated by branch manager Ali Khazaleh.

According to Jordan News Agency, Khazaleh revealed that these loans were distributed among 626 borrowers, supporting various initiatives. Notably, the Poverty and Unemployment Lending Project aided 77 borrowers with JD250,000, while the Rural Finance Program assisted 23 borrowers with loans amounting to JD107,000. Additionally, projects focused on revitalizing the agricultural sector received JD355,000, along with other lending programs.

Khazaleh also highlighted that the branch successfully collected JD3.6 million in repayments during the same period.