Mona is a 43-year-old housewife. Her husband Ihsan has a tailoring workshop that he has been running for six years now. Mona has been supporting her husband in his business by helping him getting work done so they have a basic income to raise their four children. During these six years, they were able to add more services besides tailoring: dry cleaning and ironing clothes and fabric.
Now that the business is growing, Mona has applied for a loan to buy more fabric and to redecorate the workshop so it can fit all the required machines and tools needed to provide their services in the best and most appropriate way. Since Mona is a conservative person, she requested that her husband Ihsan appear in the photo instead of her.
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.