Safaa is a 34-year-old housewife caring for three daughters and one son. Her husband owns a sweets shop.
Besides the income they have from the sweets shop, Safaa makes pickles to sell and she started to do a small catering business based on orders.
Now she has applied for this loan to buy more food containers and more vegetables to increase her pickles productivity. In the future, she wants to start selling to restaurants and food stores.
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.