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Raya
Raya is a 40-year-old conservative woman; she asked her husband to take her place in the photo. They have three sons and a daughter.

Raya’s husband has a fruit and vegetable sales business, although he does not have his own shop, people remember his usual spot and go to buy from him, knowing that every morning he goes to the main market to get fresh fruit and vegetables to sell in his area. Now Raya wants to help her husband, so she applied for this loan to increase the quantity of fruit and vegetables he can buy for resale and work on building a small tent for the business.

Additional Information

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
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,433,050
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Raya to increase the quantity of fruit and vegetables he sells.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014