Suzan was born in 1980. She lives with her husband in a sector of Jordan called Irbid. Her husband is a dietitian. Suzan has been selling Russian golden accessories and home products for the past 3 years. She started this business with a small amount of products. Now she wants to expand her business by adding variety to her products, such as clothes and blankets. This will help to make a better profit and to earn a better income to support her and her husband, while improving their living conditions. She doesn't have enough money to increase her inventory and for this reason she applied for the 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.