Siham is a 39-year-old housewife caring for four children. She is helping her husband, who is serving in the military, by supporting the family financially from the business she has, which is animal sales.
She has a small barn beside her house that holds sheep and goats. She uses some of them to sell milk and others for animal sales itself. She has applied for this loan to do some enhancements to the barn and get more food for the animals.
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.