Eid is a 60-year-old hardworking man. He is a father of six sons and daughters. Having a big, growing-up family led to his opening a small fruits and vegetables shop after his retirement. He opened the shop because the retirement salary was not enough to support the family.
Now Eid is applying for a loan in order to bring in more fruits and vegetables to increase his profits. That will help in providing a better life to his family.
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.