Ahlam is a 39-year-old housewife who is married and has four children. At home she has always had an old sewing machine. She used to use some fabric to make items of clothing for her family until almost two years ago when she turned this activity into a small home business, sewing and making clothes and curtains.
Now Ahlam has applied for a loan to buy a new sewing machine and more fabric.
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.