Update on HashemHashem is a 26-year-old, married man. He is still a university student, but is working at the same time to support his new family and his education. Hashem has applied for this educational loan to pay for his next semester's fees. He is majoring in child education and care.
Previous Loan DetailsHashem is a 26-year-old married guy; he still has no kids. Hashem is a hard-working person, he works during the day and goes to the university in the evening to study child care. He chose this major since he loves kids and is very good at dealing with them. Hashem has applied for this loan... More from Hashem's previous loan »
More information about this loan
This loan is part of National Microfinance Bank's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. This loan is unique compared to other options on the market as NMB has introduced flexible interest rates, meaning the loan interest rate is lowered for students with good grades and students who are engaged in community service/voluntering activiites. Discounts are also offered to students with physical disabilities and to families who have other children also studying at the university level. By supporting this loan, you're enabling access to education for students with limited options.
About National Microfinance BankJordan 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.
Concurrent and Successive Loans
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