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Shadia
With the help of her husband who is a driver for Jordan University, Shadia, 29 years old and a mother, opened a small grocery store at her house, that could serve the surrounding people in the neighborhood.

Since the beginning of her small business three years ago, she was able to add more types of goods such as cleaning products to what she is selling, but still she needs to get more goods based on what her customers are asking for, and that’s why she is applying for this loan.

In the future, Shadia wants to open a supermarket in an active area to have a continuous source of income for the family.

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
  • 11
    View loans »
    Jordan Loans Fundraising
  • $7,497,025
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Shadia to include more goods in the grocery store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012