Anaam is a 53-year-old woman, who has three sons and one daughter; one of the sons has got married and started his own family.
Anaam has been working beside her husband making sweets and pastries for the last 5 years using her husband's experience in making sweets to be able to support their family and children.
Now Anaam and her husband want to increase their productivity by making larger amounts of sweets since at this time of the year, the holiday season, the number of orders gets high. So to be able to serve all the customers, Anaam has applied for a loan to buy more ingredients that are needed to make those sweets and pastries.
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.