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Alia
Alia is a conservative person, so she has asked her son, Ibrahim, to take her place in the photo. She is a 61-year-old housewife who wants to help her sons start their business, so she decided to build a tent for selling fruits and vegetables on the side of the main road. She lets her son Ibrahim works at it. Up till today, he is working very well at it and is making good income from this business. Now Alia wants to expand and build more tents in a different place, so they can have a chain for the family to sell fruits and vegetables. For this, she has applied for a loan.

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
  • 60
    View loans »
    Jordan Loans Fundraising
  • $7,608,500
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Alia to expand and build more fruits and vegetables tents in a different place.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013