Suzan was born in 1977. She is married and lives with her husband and 11 children, at a sector in Jordan called Dair Alla. Her husband has a construction materials store. Suzan has been selling accessories and cosmetic products, for seven years. She started her project by selling baby pampers as a beginning, and she found it profitable. Then she added other products, to raise her sales and income.
Now, she wants to buy a larger amount of accessories and cosmetic products. This would enable her to earn a better income that will help her support her family, financially. But she doesn’t have enough money to make the large purchase of inventory. 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.