Hind, 53 years old, is a housewife who is helping her husband in supporting their family of seven members by selling clothes and dresses at home. She had a few customers to begin with, and through them, she is having more and more customers by word of mouth.
Now, she is applying for this loan to increase the quantity she has of clothes and bring in a new collection that will fit with the autumn season.
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.