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Rasmia
Rasmia is a 53-year-old divorced woman.

Rasmia has an artistic talent in embroidery; she wanted to make it different than the ordinary embroidery business, so she started making it on black fabric that is worn by women as an Arabic font.

Now she has applied to this loan to increase her productivity and buy more threads. She hopes that she can participate in more exhibitions and bazaars.

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
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,424,150
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rasmia buy more thread.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013