FeryA. is a 30-year-old lady who has four children. Her husband works in a private company.
FeryA. is a housewife, who has found that she has a lot of free time during the day, so she decided with her husband to also support the family financially to have a medium-sized yard and buy a good number of goats, sheep, and chickens and start a trading business re-selling them to other farms, or butchers.
Being in the business for more than a year has given her the courage to expand and bring in more goats and chickens, and that’s why she has applied for this loan.
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.