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Ayda
Ayda is a 42-year-old married woman who has three sons and a daughter.

A few years ago, Ayda started a beauty salon at home. First she only did make up for the ladies who came. Then she started cutting their hair. Now Ayda has opened her own beauty salon and started doing many hairstyles.

She has applied for this loan in order to bring more equipment to the salon and more hairdryers. She also wants to recruit more people so she can open a bridal section in the future.

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
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,462,175
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ayda to bring more equipment and more hairdryers to the salon.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2012
Listed
May 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013