Details

Last Funding Type

Seed

Last Funding Money Raised

$400K

Industries

Banking,FinTech,Human Resources,Internet,Lending,Peer to Peer

Founded date

Jan 1, 2015

Number Of Employee

11 - 50

Operating Status

Active

Solfeh is a private micro-lending institution that started in 2016 in Amman, Jordan. The mission of the organization is “Through digitizing and facilitating our loan process. Solfeh allows everyone to have access to critical financial services. Emergency cash is easy, quick and painless to access through our streamlined online system”.

Solfeh is embarked on a plan to allow everyone to have access to critical financial services. Solfeh's vision is “to make obtaining loans easy, simple, and painless.” The importance of a well-defined program in Solfeh is more than ever before. To this end, Solfeh needs to design systematic approaches that respond to their specific clients, lending methodologies, operating environments, and financial and social performance objectives.
Our targeted clients and markets have a problem with their personal cash flow. Where their average incomes are relatively equal to their average expenses which makes them have no disposable income to spend allowing an imbalance in their cash. Which makes them have several barriers to access income from other parties. So, in the case of an emergency (Childcare, Healthcare, Education, Debt Consolidation …etc) they are not well prepared to pay for which creates a burden.