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Ekhlas
Ekhlas is a married woman who was born in 1984. She is a mother of three. Her husband works at a government entity and at the same time works as a personal driver. She decided to help her husband financially by selling clothes since one year ago and has found it profitable. Now she wants to buy a larger quantity of clothes that suit the winter season to raise her sales to help her husband in covering their children's needs, but she doesn't have enough money to do so. For this reason, she has 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
  • 19
    View loans »
    Jordan Loans Fundraising
  • $7,333,350
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Ekhlas to buy more winter clothes for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014