Zainab is a 40-year-old mother of 3 boys and a girl. While her husband is working as a driver during the day, Zainab feeds the goats and sheep they have. Her business is a livestock business and a dairy business as she sells the milk she gets from the goats. Now Zainab is applying for this loan to expand the number of goats she has to increase produced milk, and therefore increase her profits.
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.