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Ayda
Ayda was born in 1954. She is widowed and a mother of four. She lives in a rented house at a sector in Jordan called Wihdat. Ayda has been selling used clothes with her two sons for eight months. She finds this project profitable and is planning to expand it by adding new products like used bags and shoes but she doesn't have enough money to buy them. For this reason, she applied for this loan.

Because Ayda is a conservative woman, she asked her son Hani to take her place in the picture.

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
  • 22
    View loans »
    Jordan Loans Fundraising
  • $7,941,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ayda to buy bags and shoes to trade.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014