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Eid
Eid, 59 years old and a married man, has four sons and two daughters. After his retirement from the military, he opened a shop selling fruit and vegetables. It has been two years since he started his business. Now Eid is applying for this loan so he can fill his store with more seasonal fruit and vegetables.

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
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,424,150
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $1,425 helped Eid to fill the store with seasonal fruit and vegetables.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Expired:
May 9, 2012