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Majeda
Majeda, a 47-year-old married woman, has a son and a daughter. Her husband has retired from his job after he had an accident that left him with one leg.

After her husband retired, the family was left with no income to support them except the retirement salary, so Majeda had to start sewing and embroidering Palestinian traditional dresses and used the same embroidery drawings to make bags, pillow covers and other items.

Now Majeda has applied for a loan to buy a special sewing machine that could help accelerate her work so she can be able to take more orders and one day open her own workshop.

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
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,823,550
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Majeda to buy a special sewing machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Jan 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013