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Naeem
Naeem is 51 years old. He is the father of six sons and two daughters, who are between the ages of 9 and 26 years old.



Naeem does his best to support his children by working at his small cafeteria. At his cafeteria, he makes different types of inexpensive sandwiches for his customers.



Naeem is now hoping to do some maintenance on his shop and to construct a new frontage for the shop. In addition, he would like to purchase more food products for his shop. As a result, he applied for this loan to make such business improvements.

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
  • 34
    View loans »
    Jordan Loans Fundraising
  • $7,721,550
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $2,825 helped Naeem to improve and expand his business by performing maintenance, constructing a new frontage for the shop, and purchasing additional food items.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Expired:
Jan 4, 2013