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Ibtisam
Ibtisam is a 38-year-old hardworking mother, and her husband works for the public security directorate. They have seven daughters. Ibtisam is a school teacher in a girls’ school. Recently, she bought a sewing machine and has started doing some basic tailoring services, such as shortening clothing pieces. She has applied for this loan in order to buy more raw material of fabric and thread so she can start doing advanced tailoring work and also start making different hand puppets to sell at kid's toy stores.

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
  • 62
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Ibtisam to buy more raw material of fabric and thread.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013