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Basma
Basma was born in 1970. She is married and lives in Al Naser area which is a small area in Amman-Jordan.

Basma started her sewing business at home, and then she bought a sewing machine to increase the number of her products. She has been in business for 10 years.

Her sewing machine was damaged because of long term of use. One of the obstacles that Basma is facing with her business is seasonal and fashion fluctuations in clothes.

Now, with a Kiva loan, Basma is seeking to expand her business by buying more fabric and a new sewing machine.

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
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,423,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Basma to buy more fabric and a new sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014