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Nazeeh
Nazeeh is a married man who was born in 1982. He has 1 son. Nazeeh has been trying his best to cover his family's needs and to provide his son with the best education by running his project of selling clothes in his own store for the past 3 years. As it is now winter season, he would like to add a new collection of winter clothes, which might attract more customers, in addition to adding children clothes to respond to his customers’ requests. This step will raise his sales and profit significantly. But, he doesn't have enough money to do so. For this reason, 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

  • $3,740
    Average annual income
  • 16
    View loans »
    Jordan Loans Fundraising
  • $7,433,050
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Nazeeh to purchase children clothes and winter clothes for his store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014