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Latifa
Latifa is a 55 years old and a mother of five children. Her husband is now receiving a retirement salary from the military. At the same time, Latifa makes beautiful pottery pieces for decoration and she sells mobile credit cards on the side to help in supporting the family. Latifa wishes that she will be able to open her own pottery workshop in the future, but for now she is applying for a loan to buy some raw materials and paints to decorate the pottery after it’s done.

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
  • 50
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Latifa to buy some raw materials and paints to decorate pottery.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014