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Siham
Siham is 51 years old, widowed, and a mother three sons and three daughters. Her need to survive with her family has led her to start a retail business selling clothes; she started buying clothes from wholesale parties and sells them by the piece and makes a profit out of it.

Now Siham is applying for this loan to buy more goods and have some variety in the products she sells so she can satisfy most of her customer’s tastes.

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
  • $7,485,725
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Siham to buy more goods (clothes) and have some variety in the products she sells.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013