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Najah
Najah is a 20-year-old married woman and the mother of a baby daughter. Her husband works two jobs: he sells clothes at one job and installs tents for events at the other job. While her husband is working hard to support his family, Najah also wanted to participate a little bit, so she started last winter selling blankets to relatives and friends. She managed to increase the number of customers by the word of mouth, so she decided to increase the her quantity of goods and add selling bed sheets and bed cover sets. For that purpose, she applied for this youth loan.

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

  • $3,740
    Average annual income
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,423,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Najah to increase her quantity of goods and add selling bed sheets and bed cover sets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014