Abeer is 34 years old and married. Her husband works at a furniture-making company as an installer. Abeer, on the other hand, works in a tailoring business at her house. She takes special orders to make clothes and curtains. Now she has a big order that she needs to work on but she lacks the finances to buy the fabric. For that reason, she is applying for this loan to buy the requested fabric and start the making process to deliver it on time.
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.