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Amal
Amal is a 23-year-old lady who is married to Mohammad, 29 years old, and has three children. Her husband owns a pick-up and uses it to sell fruits and vegetables around the area. Amal wanted to help her husband in supporting their family. So she thought about the access her husband has to fresh vegetables and she decided to start a home-based business cutting (chopping) potatoes and selling them to the restaurants around the area.

Due to the high number of orders she gets, she is now applying for a loan to buy a special machine to chop and cut potatoes in a faster way, so she can increase her productivity and to be able to help her husband in his business.

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

  • $6,100
    Average annual income
  • 33
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Amal to buy a special machine for chopping and cutting potatoes in a faster way.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
Apr 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013