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Saif
Saif is a 42-year-old married man. He has a small business with the help of his father that brings him another source of income besides his salary.

He makes different types of crafts; most of them are antique designs. He even makes different sizes of aquariums as shown in the photo.

Now Saif has applied for this loan to buy new drilling and carving tools and more coloring sprays.

(Saif asked his father to appear in the photo instead of him for security reasons as he serves in the military and is not allowed to show his face.)

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

  • $3,740
    Average annual income
  • 21
    View loans »
    Jordan Loans Fundraising
  • $7,531,925
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Saif to buy new drilling and carving tools and more coloring sprays.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013