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Rami
Rami, an ambitious 29-year-old married man, lives just outside Amman city. He has one daughter.
Having a strong will to start his own business, Rami opened his own store to sell all kinds of cleaning equipment, a project that provides a dignified life for his family. In the hope of achieving his dream of having his own project, Rami would like a loan to expand his store and add a variety of new products. This will serve his community, increase his profits, and enable him to continue to live dependent on himself and providing 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

  • $3,740
    Average annual income
  • 63
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,825 helped Rami to expand his store and add a variety of new products.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014