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Mervat
Mervat is a 26-year-old married conservative lady. She asked her husband to take her place in the photo.

Mervat is a mother of two boys. Her father-in-law owns a clothing store where her husband works. Using their experience, she decided to start her own business so she can open another clothing store of her own.

In the meantime, Mervat’s business is based at home. She bought clothes with the help of her husband and started selling at home. She has applied for this loan to add accessories beside clothes. Because Mervat is under 30, her loan is considered a youth loan.

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

  • $6,100
    Average annual income
  • 28
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Mervat to add accessories to her clothes sales.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2012
Listed
May 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013