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Hala
Hala is a 40 year-old hardworking mother of three sons. Her husband is a taxi driver, while she works in her mini-bus sending kids to school and bringing them back home at the end of the day. Besides using the bus as a school bus for other kids, she wants to use her free time in the afternoon distributing goods to be able to cover her sons' and the family's needs. She applied for this loan to first do some repairing to the bus and second to start a business and bring some home gadgets and products to sell.

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.

About Jordan

  • $3,740
    Average annual income
  • 19
    View loans »
    Jordan Loans Fundraising
  • $7,462,175
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $1,725 helped Hala to first do some repairing to the bus and bring some home gadgets and products to sell.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 30, 2013