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Maysoon
Maysoon is a 40-years-old married woman. She has three daughters and one son. Maysoon’s husband works in glass making and shaping. On the other hand, Maysoon does embroidery artwork and sometimes glass paintings. Now Maysoon is applying for a loan to get more fabric for her embroidery business as well as more colorful threads to make some fabric frames for her glass paintings.

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

  • $6,100
    Average annual income
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,836,875
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,325 helped Maysoon to get more fabric for her embroidery business as well as more colorful threads to make some fabric frames for her glass paintings.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014