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After his father's death, Ahmad, a 22-year-old guy, was left with a shop to manage with few employees.

The shop is basically a four-room store for selling frozen meat and other food items like cheese, noodles, etc. Although Ahmad is still new in the business himself, he is managing the business in a very good way.

Now Ahmad has applied for a loan because he wants to buy another showing fridge for his store as a way of expanding.

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

  • $6,100
    Average annual income
  • 32
    View loans »
    Jordan Loans Fundraising
  • $8,034,925
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Ahmad to buy another refrigerator for his store.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Oct 9, 2011
Oct 30, 2011
Currency Exchange Loss:
Aug 17, 2013