Tamer is a 28-year-old married man. He has a son and a daughter.
Tamer owns a barber shop close to the market where he can attract a lot of people. The shop has been in existence for two years now; before that Tamer was working in the same field in another place where he got experience. He also took a few courses to learn more about men's hairstyles. Using his experience he has been able to manage his shop for two years now and been successful at it.
Now Tamer has applied for this loan for many reasons: renewing the shop’s registration, designing a new banner for the shop and doing some maintenance in the interior decoration.
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.