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Rana
Rana is a conservative woman, so she asked her brother to take her place in the picture. Rana is a married woman who was born in 1977. She lives Karak, Jordan with her husband, five sons, and one daughter.

Rana has been raising sheep and selling their products for two years. She started her business by selling a few sheep. Now, she seeks to expand her business by buying a larger quantity of sheep in order to raise productivity. This will lead to an increase in sales and income.

Rana doesn't have enough money to purchase more sheep, so she has applied for a 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

  • $6,100
    Average annual income
  • 17
    View loans »
    Jordan Loans Fundraising
  • $7,873,850
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Rana to buy more sheep to expand her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014