Najmeh is 40 years old. She is a mother of eight sons and daughters. One of her children is married.
She has been working as a hair stylist for the last 18 years in her own beauty salon. Her salon started small and through the years, she was able to add more seats and new sections to the salon.
Now Najmeh has applied for this loan in order to buy more beauty products such as make-up to use in the salon and to sell. She also wants to buy more equipment that is needed in the salon, like hair dryers and other items.
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.