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Rania
Rania is a 36-year-old lady, who has one son and one daughter. Rania has a full-time job working as an employee in one of the banks here in Jordan. After getting off work, she usually goes help her husband at their store in Madaba.

Rania’s husband runs a candle shop, where they sell scented candles in different sizes, for all occasions. They have been running this shop for almost a year.

Now Rania has applied for a loan to redecorate their candle shop and buy more items such as candles holders.

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
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,503,825
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Rania to redecorate their candle shop and buy more items such as candle holders.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013