Fatmeh is a 36-year-old married lady. She is the mother of six children. Her husband, who is the main financial support to the family, is a driver.
To help her husband in paying the household bills, Fatmeh used to sell blankets in winter to friends and relatives. Now she wants to expand the business and start selling bedsheets and bedcover sets for the summer season to keep on getting an additional income. 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.