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Fasaiel
Fasaiel is a 38-year-old woman who lives and supports herself now that her parents have passed away. She is a farmer by day, and she sells home products in the evenings so she can make enough money to support herself. She hopes to get the loan so she can expand her business into selling clothes in addition to home products and increase her sales.

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
  • 2
    View loans »
    Jordan Loans Fundraising
  • $7,840,775
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fasaiel to add clothes to her home products sales business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014