Abdulilah is a 63-year-old man who opened his own business after retirement to continue being a proactive person. He is supporting three members in the family. He was the first and the only one who opened a cleaning services office in the city he lives in; because of that, he was able to launch and turn the business into a successful one. Now he has applied for this loan to start working on covering more areas by employing more people and getting more equipment.
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.