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Fatima
Fatima was born in 1990. She is married and lives with her husband and daughter at a sector in Jordan called Dairalla. Her husband is in the military.

Fatima has been selling blankets for one year. She started her project with selling a small quantity of them, and she found it profitable. Now she wants to buy a larger amount of blankets to sell during winter. She wants to earn a better income that will help her support her family financially, but she doesn't have enough money to do so. For this reason, she applied for this youth loan.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 12
    View loans »
    Jordan Loans Fundraising
  • $7,503,825
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fatima to buy more blankets for her business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 8, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014