Safaa, 38 years old, is the mother of six. She is a hardworking mother who is helping the family by working as a teacher while her husband is a restaurant manager. After that, she started working with her husband at home, recycling wooden scraps to make beautiful furniture and decoration pieces. They collect the scraps from everywhere and sometimes buy them if that isn’t enough. Their house is their catalog: people come over and chose what they want them to make.
Sometimes they get some help from carpenters for shaping difficult pieces because they lack the machines. Safaa has applied for this loan in order to buy new tools that will help them make new shapes and add more artistic drawings to what they do, so they can in the future have their own carpentry shop.
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.