Fedaa is a 42-year-old conservative married woman. She asked her husband to take the photo instead as she refused to do it herself for religious reasons. Fedaa has four sons and daughters who she wants to provide with the best life that she can, together with her husband. Her husband is a vocational worker who specializes in building blocks and bricks. Fedaa is a tailor who makes clothes and also sells them. She often gets a small quantity of clothes from the free-zone market for sale at her house. Now Fedaa has applied for this loan to buy some sewing tools and fix the sewing machine that she has.
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.