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Huda
Huda is a 47-year-old housewife, and she still has one single son living with her. Her husband works outside the country and transfers money on a monthly basis. Huda on the other hand wanted to make a good use of her free time, so she started a small business at home that can cover some of the emergency cases during the months, if there are any. Huda is selling make-up products, clothing items and sometimes detergents. Now she is applying for a loan to get a new spring collection of clothes to sell to increase her revenue.

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
  • 12
    View loans »
    Jordan Loans Fundraising
  • $7,423,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Huda to get a new spring collection of clothes for resale.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013