Hanan is a 39 year old married woman who has 7 children. Her husband is a driver and she is an employee at one of the factories in Jordan.
To be able to help in supporting the family income, Hanan also started making decorative pieces 3 years ago. These items look like plants and flowers. Hanan makes the pieces using plastic and other materials, while still keeping her original job at the factory.
Now Hanan has applied for a loan in order to help her proceed with her business and open a specialty store for selling what she makes.
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.