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Khaled
Khaled is a 42-year-old married man and lives with his wife and three children in Zarqa district.

Khaled wanted to be independent and so preferred to start his own business instead of being employed. And so, he started selling basic products from his home that one would find at any local mini-market.

Wanting to prove his independence, he recently changed his project and turned it from a small home business into an actual mini-market, and he is now serving his local community, selling them their basic products.

Being ambitious, Khaled would like to get a loan to expand his market and improve the quality and variety of products in his store to serve a larger part of his community and provide a good lifestyle for his wife and his three kids.

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
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,434,500
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Khaled to expand his market and improve the quality and variety of products in his store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 27, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012