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Duaa
Duaa is a 21-year-old single lady.

Duaa makes use of her free time to make different colors of teddy bears and kids toys. She takes the fabric and the needed materials and turns them into toys for sale.

Now she is thinking of expanding the business and opening her own shop for selling them as toys and gifts, so she has applied for this youth loan to buy more material and increase her productivity.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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

  • $6,100
    Average annual income
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,822,975
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Duaa to buy more material and increase her productivity.
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:
Aug 17, 2013