Faten is a conservative married lady. She asked her husband, for whom she is applying, to take her place in the photo. Faten is a housewife who looks after their house. Her husband, Mahmoud, sells different types of cigarettes from a portable kiosk. She applied for this loan to acquire more types of tobacco and lighters to sell and increase their family’s income.
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.