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Mahmoud
Mahmoud was born in 1980. He is married and has three children. He works in a rented store selling fish and birds and seeks a loan to buy food and wood to be able to build bird houses and fish tanks in order to expand his store and increase his income.

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.

Tags

About Jordan

  • $3,740
    Average annual income
  • 13
    View loans »
    Jordan Loans Fundraising
  • $7,757,250
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Mahmoud to buy food and wood to be able to build bird houses and fish tanks.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014