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Randa
Randa was born in 1985. She is single and lives with her three siblings and her parents in a sector in Jordan called Dair Alla. Randa has been selling home products for one year. She started her business at home, selling a small quantity of products when she realized that her family was facing financial problems. So she decided to help them. Now, she is planning to buy a larger quantity of home products to increase her profits and income and to be a good source of financial support for her family. But she doesn't have enough money to do so. For this reason, she applied for this youth loan.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,822,975
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Randa to buy more home products for resale.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014