Rasmiya is a 55-year-old, married woman, raising her three sons and a daughter with the help of her husband. As participation in adding another source of income to the family, Rasmiya works to sell detergents. She buys detergents in gallons from the factories or other distributors and resells it in smaller quantities to individuals.
Rasmiya has applied for this loan to increase the quantity of detergent she has and to buy new types of detergents, like shampoo and others.
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.