Four years ago, Hamda started to sell special homemade seasoned beans on a cart, and during this time she was able to buy more carts and have her son sell too in his extra time after work.
Every day she moves from one neighborhood to another to expand the area she covers. Now her customers either remember the day she is supposed to be in the neighborhood, or go around looking for her to buy those delicious beans.
Now Hamda want to buy more carts and start employing young men who are looking for jobs to support themselves and their families. For that reason, she has applied for this loan.
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.