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Etaf
After raising all of her kids to a point where they can take care of themselves, Etaf, a 50-year-old housewife, started to have a lot of free time for herself, which gave her the idea of starting a small home business selling make-up and accessories to the females in the area. Now Etaf is looking to bring in more types of accessories and cosmetics to her business so she can develop it and open her own store in the future.

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
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,338,400
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Etaf to buy more accessories and cosmetics to sell.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012