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Nadera
Nadera is a hardworking, ambitious widow. Her husband passed away 20 years ago in a car accident on the same day her youngest daughter was born. On that day, Nadera was left with six children to raise.

Since she did have an educational background, Nadera started to prepare food for working mothers and be paid for it so she could survive with her family. Step by step, she was able to turn her small business into a catering business in Al Zarqa, have a whole new kitchen to work in, and send all of her kids into schools to get the best educational level they could have.

Going through what she experienced, Nadera decided to help more families by employing them in her catering business to support their families. Now Nadera has applied for a loan to expand her business and buy a delivery bus to be able to serve other cities like Amman.

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
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,423,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Nadera to buy a delivery bus.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012