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Firas
Firas is a 36-year-old married soldier in the Jordanian army. He lives in Zarqa city with his wife and five children (four are two twins). In addition to being an army soldier, Firas also owns a small store that sells hookahs and hookah accessories to provide a better life for his family. Therefore, Firas would like a loan to expand his store and repaint the front of his store and and for the purchase of smokers supplies such as coal and honeyed tobacco to increase his profit and provide a better life for his growing 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

  • $3,740
    Average annual income
  • 23
    View loans »
    Jordan Loans Fundraising
  • $7,332,125
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Firas to repaint the front of his store and for the purchase smokers supplies, such as coal and honeyed tobacco.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012