Lubna is a 32-year-old single lady; she is one of nine siblings living in the same house.
Lubna opened a small office supply store three years ago that is supporting her, and giving her the ability to help the family finances. She also added a copier as an additional service to the shop.
Now Lubna has applied for this loan to add new types of stationary products that work for employees and students.
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.