Bushra is a 40-year-old mother of two sons and three daughters. She used to sew clothes as a service for people until recently. She started in her free time. After delivering her orders, she made teddy bears for sale.
Using her connection through her existing customers and neighbors and through her children’s connections too, she was able to sell those teddy bears, which brought her new orders for new ones.
Now Bushra has applied for this loan to buy a new sewing machine and more material and fabric to make those teddy bears and create new stuffed toys too.
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.