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Update on Nemat

Nemat was born in 1958. She is divorced and lives in a sector in Jordan called Madaba with her children. One of her children is a student.

Nemat has been supporting herself and her children by selling cosmetic products for 5 years. She started her project by selling a small quantity of products. Then she started to expand it slowly. Now she needs to buy a larger quantity of cosmetic products to raise her profit and income, which will help to support herself and her children. She doesn't have enough money to do so, which is why she has applied for this loan.

Previous Loan Details

Nemat, a 53-year-old divorced mother, is retired from the military. A year ago Nemat started making special decorations for the holiday seasons, like Christmas, New Year's, and Islamic holidays so she can be able to support her family of seven children. Now Nemat has applied for a loan so... More from Nemat's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Jordan

  • $6,100
    Average annual income
  • 28
    View loans »
    Jordan Loans Fundraising
  • $8,034,925
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
A loan of $1,200 helped Nemat to buy more cosmetic products to sell.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Sep 22, 2013
Oct 12, 2013
Currency Exchange Loss:
Nov 11, 2013