Adeelah is a 44-year-old housewife who has two daughters and one son.
Living in the same area for more than 10 years and also her sociable personality have given her the push to start a home business selling olive oil tanks and home-made pickles. Now that the neighbors and their friends buy from her and even order a specific type of pickles, her business has been growing more and more.
Now Adeelah has applied for this loan to increase her working capital so she can start dealing with the olive pressers and factories to get more fresh olive oil at a lower price.
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.