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Ahmad
Ahmad was born in 1982. He is married and lives in an area in Jordan called Marka. He is in the military. Ahmad also has been selling foodstuffs for 1 year. He is planning to expand his mini-market in the future. Now, he needs to buy new merchandise like children's milk and cleaners in order to raise his income to be able to support his family. However, he doesn't have enough money for that. For this reason, he applied for this 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.

Tags

About Jordan

  • $3,740
    Average annual income
  • 21
    View loans »
    Jordan Loans Fundraising
  • $7,462,175
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Expired
A loan of $1,175 helped Ahmad to buy foodstuffs for his mini-market.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 8, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 8, 2013