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Asmaa
Asmaa is a 21-year-old single lady who started at a young age making different types of mattresses and pillows, mostly the ones used for Arabian seating arrangements.

Basically what Asmaa does is bring in different sizes of sponge that are used as stuffing material for the mattresses. She also sews covers for the mattresses. Despite her young age, Asmaa is well-known in her area in Al Mafraq.

Now Asmaa has applied for a loan to buy more sponge and other materials for the business.

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
  • 60
    View loans »
    Jordan Loans Fundraising
  • $7,609,950
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Asmaa to buy more sponges and other materials for her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2011
Listed
Aug 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012