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Basma
Basma, a 40-year-old conservative married woman, asked her husband to take her place in the photo for cultural reasons.

Basma’s husband has an event equipment supply shop; he has more than one DJ set. She has applied for this loan to support her husband’s business and start a small band under his supervision.

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
  • 11
    View loans »
    Jordan Loans Fundraising
  • $7,497,025
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Basma to support her husband’s business and start a small band.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013