Hala was born in 1982. She is married and lives with her husband and five children in a sector of Jordan called Dairalla. Her husband works at a governmental entity. Hala has been selling blankets for one year. She started her business by selling a small quantity of them and she found it to be profitable.
Now, she wants to buy a larger amount of blankets to sell during winter and to earn better income that will help her financially support her family. 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.