Najah has been doing a small retail business selling clothes and blankets to friends, relatives and neighbors. Now that her circle has gotten bigger to include friends of friends, the demand for new items has increased. Najah wants to start selling home products too, since most of her customers are housewives. For this, she has applied for a loan.
Najah is a 39-year-old married woman. She is the mother of two boys and a girl.
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.