Aisha is a 43-year-old housewife who has six sons and daughters. Her husband works in a private company in Jordan.
To help support the family, Aisha opened a small food market almost ten years ago. The store is in an extended room from her house. She sells snacks, juices, and other food products such as rice, sugar, pasta, etc.
During these ten years, Aisha did not expand her business a lot because she was concentrating on raising her children. But now she has applied for a loan in order to buy more new products and add greater variety to what she sells in order to expand her food 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.