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Maysoon
Maysoon was born in 1979. She is married and has five children. Her husband is a retired man. So he doesn't have a strong source of income. Maysoon has been running her own beauty salon at home for the past four years. She started her project with few customers that consisted of her family and neighbors. Then they increased by time. Now Maysoon is planning to raise her productivity by buying cosmetic products and other tools for the salon. But she doesn't have enough money to do so. 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.

Tags

About Jordan

  • $6,100
    Average annual income
  • 26
    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 $1,050 helped Maysoon to buy cosmetic products and other tools for her beauty salon.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014