Zainab A. A. is a 55-year-old mother with six daughters and one son. Her husband Nayef is 64 years old and has his own grocery store. Since they have a big family, Zainab decided to use her skills in embroidery to help support her husband. Zainab has been embroidering for 11 years at her home. She makes the most beautiful dresses, which are also known as a traditional dress for women in Jordan. Through these 11 years, she added embroidery art to another type of clothes called “Abaya”, and got a lot of demand for them. Now Zainab wants to sell ordinary clothes besides the traditional clothes so she can cover most of her customers’ desires. That's why she applied for a loan.
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.