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Maha

Update on Maha

Maha is a conservative woman; she asked her husband to take her place in the photo.

Maha and her husband were able to buy a small van to use in distributing the cleaning products they refill and sell. Later on, they started selling various products other than detergents using the van.

Finding that they are having more success in selling ordinary products as shown in the photo than how they did with the cleaning products, Maha has decided to minimize the quantity of cleaning products and focus more on other goods. For that purpose, she has applied for this loan to bring in more goods and products that they can sell around the neighborhood and distribute for the market.

Previous Loan Details

Maha is a 34-year-old hard-working housewife who has five children to raise with her husband Maher. The two of them decided four years ago to start a small business together and help each other to succeed, so they started selling cleaning products at home which opened a door during these four ... More from Maha's previous 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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Jordan

  • $6,100
    Average annual income
  • 24
    View loans »
    Jordan Loans Fundraising
  • $7,934,175
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Maha to bring more goods and products.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014