Nisreen has been working with her husband in agriculture for a year. They started their project with planting a few flowers. But unfortunately the flowers withered because of the seasonal weather change. So she is planning to start her project of agriculture again and expanding it in the future by buying a land tractor and increasing the space of her planting land. She hopes that will increase her productivity and earn a better income that will help her support her husband in covering their children needs.
Now she needs seeds to plant them, in addition to farm supplies. But she doesn’t have enough money to buy them. For this reason, she applied for this youth loan.
More information about this loan
This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
About National Microfinance BankJordan 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.
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