Shireen is a 34-year-old married woman. Her husband is a car electrician and they have no kids. Shireen has been selling clothes for the last five years. She started with a home business and then expanded to open her own clothing store. Now she is applying for a loan to add more clothing to her winter collection as well as spring clothing items to prepare for the spring season.
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.