Check out some available loans that are similar to this one!
Khamees
Khamees was born in 1965. He is single and lives at a sector in Jordan called Southern Ghour, with his brother and sister. Khamees has been responsible for his siblings since his parents' death. He is trying his best to provide them with all that they need. Khamees has been selling hot drinks and herbal drinks at his house, for three years. He started his project with a small amount of money. He has found it to be a good source of income, to cover his siblings' needs and to support himself. He is planning to expand his business in the future, by opening his own cafe.

Now, he wants to raise his profit by getting a larger amount of coffee and herbs. In addition, he wants to add snacks and food products to his project, which will raise his sales and income. But he doesn't have enough money for these things. For this reason, he applied for this 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.

Tags

About Jordan

  • $3,740
    Average annual income
  • 22
    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 $325 helped Khamees to buy more coffee, herbs and food products, to sell at his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014