Nemat, a 53-year-old divorced mother, is retired from the military.
A year ago Nemat started making special decorations for the holiday seasons, like Christmas, New Year's, and Islamic holidays so she can be able to support her family of seven children.
Now Nemat has applied for a loan so she can prepare herself for the upcoming holiday season here in Jordan by buying more material and items to make new decorations to sell.
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.