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Ahmad
Ahmad is a 30-year-old single man who has one brother. They are living together and supporting each other and their mother after their father passed away. He started at home selling shawls and a few items of female clothing, and now he has a humble shop selling female clothes in the market. Ahmad is seeking a youth loan to add a few occasional dresses to the collection he has in the shop.

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.

Tags

About Jordan

  • $3,740
    Average annual income
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,332,125
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ahmad to add a few occasional dresses to the collection he has in the shop.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014