Suhaila is a 46-year-old woman who has started a small retail business at home buying and selling different types of cover sheets such as blankets. It has been four years now since she started. During these four years, she was able to help her husband who is a bus driver support the family of seven members including them. Suhaila has applied for this loan to buy other types of blankets that her customers requested, so she can continue to keep them as loyA. customers.
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.