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Samar
Samar is a 44-year-old woman who is married to a car retailer.
Samar was able to open a small food market (mini-market) in her neighborhood at the beginning of this year. She has been filling it with all the products that the customers in the area are asking for. For this reason, she has gained a respectable number of customers each day. Now Samar wants to expand her business and turn it into a supermarket by merging another store with hers and bringing in more variety to what she sells.

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
  • 50
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Samar to expand her business into a supermarket by merging with another store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 26, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012