Check out some available loans that are similar to this one!
Raeda
Raeda was born in 1980. She is married and a mother of four. Her husband is an artistic supervisor at a private company. Raeda lives in a rented house in a sector of Jordan called Wihdat.

Raeda has been sewing and doing embroidery for two years. She started her project with a small amount of money and found it profitable. She is planning to open her own sewing and embroidery workshop in the future. She currently wants to buy fabrics and embroidery machines in order to be more productive and to increase her profits and income to support her husband financially, but she doesn't have enough money to do so. For this reason, she applied for this loan.

As Raeda is a conservative woman, she asked her husband's wife, who is helping her in her project, to appear in the picture instead of her.

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

  • $3,740
    Average annual income
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,332,125
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Raeda to buy fabrics and embroidery machines to do her work.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014