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Saada
Saada, a 60-year-old married woman, has three sons and a daughter.

Saada owns a home products shop in an active area in the market. She uses the income she gets from the store either to help in supporting the family or to buy new products.

Now Saada has applied for a loan to buy new home products so she can have a variety of them in the store and expand the internal store space.

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
  • 13
    View loans »
    Jordan Loans Fundraising
  • $7,873,850
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Saada to buy new home products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2012
Listed
Mar 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013