Sharehan, a 26-year-old married lady, is the mother of five sons and daughters. Her husband works a full-time job in the Ministry of Education, and after work he sells used furniture that he collects, but till now his business is still a home-based business.
For that reason, Sharehan has applied for a loan in order to help her husband to open a small separate store to sell used furniture. From there he can expand in the market.
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.