Diyaa’ is a 23-year-old single man. His father passed away and so he lives with his brothers. In order to be able to support the family, Diyaa’ went to work at a coffee shop and gained some experience there.
Using his experience Diyaa’ decided to open a small humble coffee shop as a start in Al Mafraq, and because of his young age and his sociable character he was able to get a lot of regular customers, such as young men like him, taxi drivers who take their cup of coffee away and other people from the area who go there to have a good time together.
Diyaa’ has been running his business for a year now, but since the coffee shop is built of nylon sheets and wood, he thinks it is time for him to build a real coffee shop. He also wants to add some nice decoration to it so he can give his customers a great place to sit at while enjoying their leisure time, and that’s why he 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.