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Sanaa
Sanaa, 31 years old, is a very ambitious woman. She is married to Foad, 35 years old, who got an early retirement from the military for health conditions. After retirement, he started working as a cleaning products distributor to be able to support the family. Since Sanaa has always wanted to have her own business, she decided to start a retail business selling clothes and cosmetics at her house. She has been running her retail business for five years. Now Sanaa has applied for a loan because she felt it was time to expand and open her own store to sell clothes and cosmetics. Since Sanaa is a conservative person, her husband Foad agreed to be in the photo instead of her.

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
  • 2
    View loans »
    Jordan Loans Fundraising
  • $7,840,775
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Sanaa to open her own clothes and cosmetics retail store.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012