Fudiya, a 59-year-old housewife, lives with her husband and three children.
Her husband is a farmer who works in a private farm. To help her husband and to improve her family’s living conditions, Fudiya started a home products retail business. She also added selling clothes and detergents to her services.
Fudiya hopes that one day she can open a general store beside her house for selling her products, but now she has applied for a loan to increase the quantity of home products and clothes she has on offer.
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.