Fatmeh is a 58-year-old woman who raised three sons. Two of her sons are married and have started their own families. She is still living with her husband and her unmarried son. Each of them has his own job. To fill her free time, Fatmeh opened, with the help of her husband, a small food store in their neighborhood. She sells kids' snacks, sugar, salt, canned goods, etc.
Now Fatmeh wants to add more items, like chocolate, tofu and other to her store so she can be prepared for the upcoming holiday season.
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.