Rahmeh is a 47-year-old hardworking mother. Rahmeh has a few goats around her house that she used to start a small diary business 20 years ago. During this time, she has increased the number of goats and started to make yogurt and cheese to sell.
Now Rahmeh has applied for a loan so she can buy new equipment and open her own store to sell yogurt and cheese rather than selling at home.
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.