Salama, born in 1965, is a retired man who is married and a father of four. One of his sons is in the military, while another is working for a private company.
Salama has been selling foodstuffs for 10 years, having started his business at home and later opening his own mini market carrying additional products. His enterprise has been sufficiently profitable to help him cover his children's needs.
Salama is now seeking to add more products to his store such as notebooks, films and general stationary products. To do so, he is requesting this loan.
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.