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Nariman
Nariman is a conservative lady, so she asked her husband to take her place in the picture. Nariman was born in 1987. She lives in a sector in Jordan called Madaba with her husband and three children. Her husband has been helping her to run their project selling goats for two years. Now they need to expand their project by purchasing more goats to raise their profit in order to cover their children's needs and to provide them with the best education. But they don’t have enough money to do so. For this reason, Nariman 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
  • 52
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,375 helped Nariman to purchase more goats for her business.
58% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 23, 2014
Currency Exchange Loss:
Possible