Manal, a 38-year-old woman, is a mother of five sons and daughters.
Besides her husband's retirement salary, Manal chose to have another source of income by knitting, using different types and sizes of beads to decorate table covers or even tissue keepers. She also sometimes makes wooden crafts too.
It has been five years now since she started. Now Manal has applied for this loan to buy more material and beads in order to increase her productivity and make new items.
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.