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Sabah
Sabah was born in 1959. She is married and lives in a rented house in an area in Jordan called Wihdat. Because Sabah is a conservative woman, she asked her son to appear in the picture instead of her. Sabah has been working in making furniture with her son for the past 11 years. To increase her profit, she needs to buy different types of wood. This will help her to add variety to her products and to raise her productivity and income as she currently doesn't have enough money for it. For this reason, she 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.

About Jordan

  • $6,100
    Average annual income
  • 23
    View loans »
    Jordan Loans Fundraising
  • $7,877,850
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Sabah to buy different types of wood for his carpentry business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014