Basma was born in 1977. She is married and has 5 children. Her husband works in decorative arts. Basma has been selling women clothes for 2 years. She started her project with a small quantity of clothes. One of the obstacles she faced is the clothes' seasonal fluctuations. Now she wants to increase the amount of the clothes she sells in order to raise her profit and income to be a good financial support for her husband and children. But she doesn't have enough money to do so. For this reason, she applied for 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.