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Rania
Rania is a 19-year-old, single, ambitious lady, who graduated from high school and lives with her three brothers and her twin sister.

Since she has a sense of responsibility towards her family, she took sewing training and got a professional certificate in that trade and starting practicing it at home. She bought a sewing machine and started a small business to help in supporting her family and has been doing that for 10 months.

Now she is applying for this loan to purchase a new sewing machine in order to increase her productivity, so she can be able to open her own sewing workshop and employ more people.

Additional Information

About National Microfinance Bank

Jordan is a small country located in the heart of the Middle East’s Levant region. Regional instability has caused Jordan to be excluded from global investments for decades. Additionally, a lack of natural resources—including water and energy—places tremendous strain on the Jordanian economy, over 80% of which consists of small businesses, largely in the service industry. Despite their importance in the economy, many of these businesses are excluded from the banking sector because of their size. Microfinance institutions like National Microfinance Bank offer them an opportunity to enhance and expand their businesses. NMB also offers its services to other underprivileged peoples in Jordan, providing them with loans to pursue educational goals and improve their homes and livelihoods.

About Jordan

  • $3,740
    Average annual income
  • 13
    View loans »
    Jordan Loans Fundraising
  • $7,345,375
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Rania to purchase a new sewing machine.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011