Najiya is a 39-year-old, conservative married woman. She asked her husband, Khaled, to take her place in the photo.
Having seven children to take care of, as Najiya and Khaled have, is a big responsibility. For that, having a salary-paid job will not be enough to support the family. For that reason Najiya recently chose to start, with her husband, a scrap and recycled materials business. They collect the items from dumpsters and everywhere else, sort them in the back yard, and sell them to factories or other buyers. Now Najiya has applied for this loan, in order to get a new cart that will make the collecting process easier and more efficient.
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.