Ruwwad Micro Venture Fund

Across bustling Amman, lies the Ruwwad Micro Venture Fund. It’s not just an office on Al-Wakalat Street. It’s a beacon of hope. Ruwwad Micro Venture Fund was founded by Fadi Ghandour, the founder of Aramex International. He envisioned a foundation that went beyond corporate social responsibility. He wanted to empower disenfranchised communities. This vision led to Ruwwad’s establishment in 2005. Initially, Ruwwad focused on Jordan. It later expanded its reach to Lebanon and Palestine. The tragic Amman bombings in 2005 profoundly impacted Ruwwad. These events led to the creation of the Mousab-Khorma Scholarship Fund. This fund became a cornerstone of Ruwwad’s youth programs. Ruwwad Micro Venture Fund supports community development through several key programs. These include child development, adolescent development, youth organizing, and community support. They provide training programs like “Establishing and Managing your own Small Business”. They even hold pitching sessions where aspiring entrepreneurs present their ideas to potential investors. This empowers individuals and strengthens communities. Ruwwad Micro Venture Fund partners with various organizations. One such partnership is with the United Nations Development Programme (UNDP). Together, they’ve conducted projects aimed at mitigating the impact of the Syrian refugee crisis on Jordanian host communities. They’ve also partnered with Salesforce to improve their data protection policies. This demonstrates Ruwwad’s commitment to responsible data handling. Ruwwad’s work has earned them recognition and partnerships with major international players. Law firms like IBLAW represent them. This speaks volumes about their credibility and impact. Ruwwad Micro Venture Fund is more than just a fund. It’s a testament to the power of community, entrepreneurship, and hope. They continue to invest in individuals and communities. They create lasting change across Jordan, Lebanon, and Palestine.