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Faten
Faten is a 37-year-old divorced lady.

To support herself, Faten works as a hair stylist from home. She hopes that one day she will be able to open her own beauty salon elsewhere other than inside her home.

Now Faten is applying for a loan to get new tools for her home 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

  • $6,100
    Average annual income
  • 33
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Faten to get new tools for her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014