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Update on Etaf

Etaf was born in 1963. She lives in Amman, Jordan with her husband and two children. Her husband works as a taxi driver, which does not let him earn enough money to cover their needs. Etaf has been working in trading clothes. As she doesn’t have enough money to buy new clothes to be able to trade them. She is asking for a loan to increase the amount of merchandise she has, in addition to increasing the amount of purchases to help her husband in covering her children's needs.

Previous Loan Details

Etaf is a 49-year-old married woman. She has been seven years doing her retail business at home, selling home products and clothes. She has applied for a loan now to increase the inventory she has of household products and to try to open a special store for her business. More from Etaf's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Jordan

  • $6,100
    Average annual income
  • 26
    View loans »
    Jordan Loans Fundraising
  • $8,222,050
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
A loan of $2,625 helped Etaf to increase the amount of merchandise she carries, including clothes.
Repayment Term
23 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 18, 2013
Currency Exchange Loss:
Aug 17, 2013