Nelly is a 40-year-old conservative woman; she asked her husband to take her place in the photo. They have a family of five members. Her husband, Emad, works from home making Islamic and geometric template designs to be used for decoration purposes. He mainly uses gypsum material to do so, as well as colors.
Now, Nelly wants to support her husband’s work and get him more material to start making different shapes of those templates and making more decoration pieces, and for that, she applied for this loan.
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.