Lutfia, 49 years old, is a widow who is raising six sons and daughters on her own.
She started working as a tailor almost five years ago so she can help in supporting the family now that they have no income besides what she earns. Lutfia wants to enhance the service she provides so she can bring in more customers. She has applied for a loan to buy special accessories that can be added on clothes and more fabric.
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.