Nancy is a 32-year-old married woman. Her husband is serving in the military.
Nancy opened a small convenience store where she sells snacks, food products, and home products.
So far, she has been bringing in goods by order to avoid loss in the first stage. But now Nancy wants to increase the quantity she has in her inventory and bring in more food products and home products to serve the customers faster and expand her business. For that she has applied for this loan.
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.