Nadia, 37 years old, is a married woman. She has one son and one daughter.
Nadia has always been into making baskets and designing mirrors as a hobby. Recently, she thought of turning her hobby into a business to make an additional income for the family.
Now Nadia has been framing mirrors, making baskets, and framing paintings. She also started to make wooden boxes.
Nadia has applied for this loan to start working on expanding the business and to start making larger quantities so she can distribute to the decoration stores in the market.
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.