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Nawal
Nawal is 43 years old. She is married and has 4 children. She lives with her husband who works as a farmer at Madaba-Jordan. Nawal has been working in trading children's clothes for 4 months. She started her project with her relatives and neighbors. Then she expanded her work zone.

Nawal is seeking a loan to be able to expand her business by increasing the quantity of her merchandise and buying women's pajamas to trade, as she doesn’t have enough money for it now.

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
  • 17
    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 $1,175 helped Nawal to buy more merchandise and women's pajamas for resale.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014