Ghena Khalid is the mother of two children. She turned one of her rooms at her house into a small shop to sell snacks a year ago to help support the family. All the kids in the neighborhood are now used to going to her house to buy their snacks.
Ghena has been running her humble business for one year now and is looking to add more variety in the products she sells, such as adding grocery products. In order to do that, Ghena has applied for this loan so it can help her business grow and maybe have a separate grocery shop outside her house in the future.
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.