Amal is 39 years old and married. Her husband works as a warehouse supervisor. They have two sons.
Amal is known among her neighbors and friends for her delicious pastries. Everyone used to ask her to help when they had an occasion. Recently she decided to turn what she is good at into a business that can bring her profit. So she started making pastries and selling them, already baked or not, based on what the customer wants.
Now she has applied for this loan to buy a new oven and a few kitchen tools that will allow her to make a larger quantity at a time to accelerate the process.
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.