Nedaa is a 31-year-old married woman with 4 children. She lives with her family in Madaba and helps her husband with the household by selling cleaning materials and products. She would like to get the loan so she can increase her inventory of products and sell to more people. This will allow her to help with expenses and enhance her family’s lifestyle.
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.