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Atika
Atika is a 47-year-old married woman; her husband started a farming business after he retired from the military. Having one source of income was not enough to support their eight children, so for that reason Atika started a food products sales business. She opened her own shop and added few basic items like sugar, oil, rice and food cans beside selling children's snacks.

Now she is applying for a loan to buy more food products and add a few types of detergents to sell.

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
  • 58
    View loans »
    Jordan Loans Fundraising
  • $7,608,500
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Atika to buy more food products and add a few types of detergents.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014