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Khawla
Khawla was born in 1969. She is married and has six children. Her husband is a retired man who works in a bakery. Khawla has been working in selling housewares and making baskets since three years ago. She started her project by trying to make a basket and put it for sale. Then she realized that starting such a project will be profitable to her. So she started selling housewares after that in order to raise her income and to support her husband in covering their children's needs. Now she needs new merchandise and materials to make more baskets, but she doesn't have money to buy them. 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
  • 28
    View loans »
    Jordan Loans Fundraising
  • $7,922,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Khawla to buy new merchandise and materials to make more baskets.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014