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Asmaa
Asmaa is a 39-year-old divorced woman who has rented a small shop in a complex in Al Baqaa to open a small accessories shop so she can support herself financially.

It has been almost 5 months since she started her business, and it is running smoothly since there are a good number of visitors to that complex who have become her customers.

Now Asmaa has applied for this loan in order to add more variety of accessories to satisfy most of the ladies' tastes.

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
  • 52
    View loans »
    Jordan Loans Fundraising
  • $7,609,950
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Asmaa to add more variety of accessories.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013