Hakima is a 52-year-old widow who has been able to raise her three sons to become successful young men by buying and selling used clothes. Her business is based at home.
In addition to the clothing business, Hakima's sons have a painting hobby. They even have a special room in the house where they keep all their painting tools. They asked their mom to sell their paintings to contribute to the household income.
Now Hakima has applied for a loan to buy new clothes to add to her stock of used clothes and her sons' paintings.
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.