Fatimah is a 51 year old divorcee and a mother of 8 children. She lives with her kids in Wehdat. Being a committed and loving mother, Fatimah has been supporting her children and wants to get a loan so she can start her own business which is all about catering and making homemade food in quantity.
She has applied for this loan to get more food containers and increase her productivity by employing more women from the neighborhood who want to help their families.
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.