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Wedad
Wedad is a 36-year-old married woman. Her husband works in a governmental entity. Having seven kids has increased the financial pressure on the father, and that’s why Wedad opened a mini market four years ago in order to have another source of income. Now, she wants to buy more goods and food products for her store, which is why she has applied for this loan.

Additional Information

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.

About Jordan

  • $6,100
    Average annual income
  • 33
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Wedad to buy more goods and food products to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013