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Bayan
Bayan is a 22-year-old, single lady, who lives with her parents and eight siblings. Bayan is a university student who wants to support her parents in their business, from which they are paying the household bills. They have a few sheep and goats, and they sell animals from time to time. They also sell milk, which is used to make dairy products, including cheese and yogurt. Bayan is applying for a Youth Loan, which she will use to obtain more goats. The additional animals will enable the family to increase their profits from selling milk.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 23
    View loans »
    Jordan Loans Fundraising
  • $7,934,175
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bayan to obtain more goats.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014