Khalida, age 38, makes and sells a local kind of yogurt called jameed, which is a specialty from her city. She has developed the skill to prepare this product through years of experience, which led her to start a business selling it to nearby shops and neighbors.
Khalida's husband husband serves with the military. They have four children.
Khalida has applied for this loan in order to increase the quantity of jameed that she makes. This will allow her to reach out to more distant areas and sell her product to food stores and restaurants.
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.