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Jamal
Jamal was born in 1960. He is married and a father of 5. He lives in a sector in Jordan called Southern Ghour. Jamal has been selling various types of birds such as ducks, chickens and pigeons for 4 years. He is planning to expand his business in the future by building a poultry farm where he can keep his birds. Now he needs to buy food for his birds as well as more pigeons and cages to expand his business. Because he doesn't have enough money to do so, he has applied for this 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
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,822,975
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jamal to add more pigeons, chickens and ducks to his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Jan 5, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014