Hayat is a married mother of four. She lives with her husband and sons in Balqa’a. Her husband is employed, as is her elder son. They live in their own house that they own. Hayat still wants to share in taking responsibility of the household and expenses. She has her own home business that involves embroidery and straw baskets. She wishes to take a loan to buy more raw materials and to increase her profits.
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.