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Basima
Basima is a 62-year-old widowed woman who is still physically strong and working to support herself. A year ago, Basima started buying and selling olive oil cans and tanks to her neighbors and friends. She is looking for an opportunity to get a contract with one of the oil presser factories to get the oil at a better price and change her target audience to the wholesale traders and shops. Basima has applied for a loan to buy more olive oil tanks and make more profit to achieve her goal.

Additional Information

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.

About Jordan

  • $3,740
    Average annual income
  • 12
    View loans »
    Jordan Loans Fundraising
  • $7,503,825
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Basima to buy more olive oil tanks and make more profit to achieve her goal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 17, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012