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Mohammad
Mohammad is a 26-year-old married man who lives with his wife and only daughter. He lives in Um Al-heiran, just outside of Amman.
Mohammad runs his own little food market that provides the basics for daily customers. He is interested in expanding the variety of products in his market, and opening a second market to serve another part of his locality. This will help him increase his profit and provide a better life for his family.

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

  • $6,100
    Average annual income
  • 13
    View loans »
    Jordan Loans Fundraising
  • $7,873,850
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,825 helped Mohammad to open a second food market.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013