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Khaled
Khaled is a 28-year-old single guy. He is the oldest among nine siblings.
Khaled was able to open a small, humble cafeteria to make a few types of sandwiches. He now wants to buy new equipment and goods in order to add more kinds of sandwiches and snacks, and he hopes that he can also add a new pastry section in the cafeteria. For that, he has applied for this 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
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,472,100
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $2,825 helped Khaled to add more kinds of sandwiches and snacks.
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Mar 4, 2012
Currency Exchange Loss:
Possible
Expired:
Apr 3, 2012