Mohammad is a 27-year-old man; who recently got married. He helps his mother making pickles like olives and cucumber pickles and different types of spices and seasonings such as thyme and sumac, then packs them for sale.
Mohammad is now applying for a loan to buy more ingredients that are need to make more types of pickles and spices, so they can distribute to other food markets and shops.
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.