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Mona
Mona is a 40-year- old hardworking mother, married to a building contactor. They have four young children.

Mona decided to use her skill to open her own home embroidery business. She started making embroidered traditional dresses, in addition to selling clothes. Doing that for six years has given her the credibility to work with wholesale traders. Now Mona want to buy more material so she can one day open her own clothes store in the area.

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

  • $3,740
    Average annual income
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,423,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mona to buy more fabric and fibers for her embroidery business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012