Taghreed is a 35-year-old mother of four children. Her husband works in a governmental institution earning a very humble salary. To be able to support her husband with the financial income of the family, Taghreed started selling blankets and clothes five years ago. By doing this, they have been able to manage their daily living so far. Now Taghreed wants to buy more blankets and clothes in a larger quantity to get a wholesale price, so she can re-sell them and make more profit.
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.