Basma, 45 years old, is a widow. After her husband passed away, she was left to look after their eight sons and daughters. Her older sons are now working in farming, like she does, but it is not enough. She started a clothing sales business at home after work, selling women's country-side dresses. She is now applying for a loan to stock more clothing items other than dresses and clothing that will be more appropriate for younger ages. By offering a greater variety, she hopes to 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.