Nidal, a 44-year-old married man, is supporting a family of eight members. He is a sand artist. He draws with colored sand in different shaped bottles, and he can also write names for those who buy them as gifts. With his talent he has participated in many art exhibitions and tourism markets. He has applied for this loan to increase the quantity of raw material he has and to get more bottles so he can participate in more exhibitions with a larger number of his works.
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.