Nahla, 36 years old, is a housewife who has more than one home business. At home, besides raising her kids, Nahla started first making fake flowers and plants and arranging them in the way requested by her customers. Later she added another service for other housewives like herself selling different types of home products.
It has been almost five years since she started, and now she would like to apply for a loan to buy more products and open her own store for selling home products and fake flowers as decorations.
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.