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Hamda
Hamda is a 47-year-old married woman and a mother to eight sons and daughters. Her husband is an electronics technician. Not knowing how to read and write has limited her options of getting a job that pays a good salary. To help support their big family, she has opened her own small food store in the neighborhood where she sells food products and other goods. She has applied for this loan to increase the amount of food products in her store and add variety to it.

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
  • 64
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Hamda to buy more food products to sell in her store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2012
Listed
Jan 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013