Maha, 43 years old and married, has five children. She is married to Mohammad who is a police officer. After she retired from working in a telecommunications company, Maha has started to make different shaped baskets, trays and even tables using straw. She has applied for a loan to buy more material needed for the crafts she makes so she can increase her productivity and therefore increase her income.
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.