Huda is a mother of 3 children who started a small business as a hair stylist at her home two years ago. She customized one of the rooms in her house to be her work place.
During these two years she has added more than one seat to her beauty salon, and took training to be a make-up artist, too. Now Huda has applied for a loan to buy more equipment and cosmetics to help her improve the service she provides at her beauty salon.
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.