Arwa is a 37-year-old married woman. She lives with her husband, son and daughter in a rented house. Her husband opened a mini market to support his family, since his retirement salary was not enough. On the other hand, Arwa also started selling clothes at home to friends and neighbors.
Now Arwa is applying for a loan to bring in more clothes for older ages to have more variety in what she sells.
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.