Suha is a 40-year-old housewife and a mother of six sons and daughters; two of them are married now. Suha is now starting a small business at home to help in improving their living conditions by adding another small source of income. She bought a few blankets as a test and found a good demand level among her friends and relatives. For that reason, Suha is applying for a loan to take advantage of the winter season and bring more blankets to sell and make more 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.