Update on SuraSura is a 19-year-old lady, who lives with her parents and 5 siblings in a sector in Jordan called Mafraq. She was studying for her Bachelor's degree, majoring in Chemistry. Then she changed her major to Special Education. She is in her 2nd year. She is planning to start her work life after graduation to support her family financially and to improve herself. To do so, she needs to pay for her upcoming semester tuition. Because she doesn't have enough money to do so, she has applied for this loan.
Previous Loan DetailsSura is an 18-year-old single lady. She has five older brothers that look after her. Now Sura has entered the university faculty of science to study chemistry. Sura now wants to start depending on herself so she applied for this education loan to pay for her semester fees. More from Sura's previous loan »
More information about this loan
This loan is part of National Microfinance Bank's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. This loan is unique compared to other options on the market as NMB has introduced flexible interest rates, meaning the loan interest rate is lowered for students with good grades and students who are engaged in community service/voluntering activiites. Discounts are also offered to students with physical disabilities and to families who have other children also studying at the university level. By supporting this loan, you're enabling access to education for students with limited options.
About National Microfinance BankJordan 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.
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