Nawal is a 44-year-old married woman. She has seven daughters, two of whom are married, and two sons. Her husband works in a construction business to support the family.
Eight years ago, in order to help in supporting her husband, Nawal established a home-based daycare. During these eight years, she was able to move to another place to expand and have an independent daycare and kindergarten. Now she has applied for this loan to change the children’s uniforms and add more children’s seats and beds to be able to have more children.
No photo shooting was allowed in the kindergarten because of the privacy of the children, so a picture of Nawal was only taken.
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.