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Maha
Maha was born in 1975. She is married and has three children. Her husband is retired and has his own laundry. Her brother is in the military. Maha has been helping her husband at his laundry for five years. He started his business with a small amount of money. Then he started expanding and attracting more customers as it’s the only laundry in their area.

Maha is planning to help her husband expand their store to improve their living conditions by earning a better income. In order to be more productive and expand the business, they need a new ironing machine and a new washing machine. She plans to invest in these machines with the loan money. Because Maha is a conservative woman, she asked her husband to appear in the picture instead of her.

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
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,333,350
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Maha to buy new ironing and washing machines.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015