Nadia was born in 1972. She is married and lives in a sector in Jordan called Madaba. Because Nadia is a conservative woman, she asked her husband to take her place in the picture.
Her husband is a retired man who is currently running a cellphone shop that he rented. He has been running it for six years, and Nadia helps him with it. This project has helped them cover their needs, as it has been profitable for them.
Nadia and her husband are planning to add new products to their project, like mobile-phone accessories and mobile credit cards, in order to attract more customers and raise their sales. To do so, Nadia has applied for this loan to buy them, as they don’t have enough money for them.
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.