Village Capital
Village Capital is a Washington, DC-based organization founded in 2009 that operates accelerator programs and supports early-stage ventures worldwide. It targets sectors including agriculture, education, energy, financial services, health, and technology, focusing on environmental, social, and economic challenges. Village Capital uses a peer-led model in which entrepreneurs rank ventures and award seed funding to the top graduates of each program. The organization provides training and connects founders, investors, and communities to resources and capital with the aim of broadening access to entrepreneurship. Since its inception, Village Capital has supported more than 1,000 entrepreneurs through its programs and partnered with affiliated investment funds; program graduates have generated about $61.5 million in revenue, reached around 8.5 million customers, and created over 11,500 jobs.
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Past deals in Jordan
Dinarak
Non Equity Assistance in 2023
Dinarak is a licensed payment services provider operating under the Central Bank of Jordan's 'JoMoPay' system. The company specializes in mobile payment services, offering solutions for payment acceptance, supplier payments, and payroll streamlining. Dinarak enables secure and convenient peer-to-peer money transfers, bill payments, and mobile top-ups. By focusing on underserved regions, the company aims to enhance access to essential financial services, thereby promoting financial inclusion and economic empowerment within local communities.
Solfeh
Grant in 2020
Solfeh is a private micro-lending institution founded in 2016 in Amman, Jordan, with the aim of providing easy access to critical financial services through a digitized lending process. The organization focuses on offering emergency cash solutions to individuals facing cash flow challenges, particularly those whose average incomes are closely aligned with their expenses, leaving little disposable income. Solfeh's online platform facilitates instant credit ratings and allows for advances to employees of various institutions, enabling them to secure short-term loans with a streamlined and user-friendly experience. The company's commitment to excellent customer service and a systematic approach to lending ensures that clients can effectively address urgent financial needs, such as childcare, healthcare, education, and debt consolidation. Through its innovative solutions, Solfeh seeks to alleviate the financial burdens faced by its clients and promote financial inclusion.
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