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Omar
Omar, 50 years old and a married man, is the father of five children.

Omar opened a small store to sell different kinds of food products. Being a friendly man has helped him to obtain a lot of loyal customers. Now he has applied for this loan in order to buy a juice-making machine. And then buy a freezer to bring in frozen products.

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
  • 31
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $1,850 helped Omar to buy a juice maker.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 1, 2012