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Wesam
Wesam is a 27 year-old single lady who has looked after her younger 4 siblings since their father passed away. She was able to establish a small learning center where they give English conversational courses and Tofel courses. Wesam has applied to this youth loan to buy some needed equipment to enhance the learning process and improve the learning center, in hopes that she can add more designing courses in the future and start giving certificates to its students.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 34
    View loans »
    Jordan Loans Fundraising
  • $7,746,775
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Wesam buy needed equipment to enhance her learning center.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014