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Alaa
Alaa is a conservative woman, so she asked her husband to take her place in the picture. Alaa was born in 1989. She lives in a sector in Jordan called Baqaa with her three daughters and her husband. She has been trying her best to support her family financially, and to help her husband in improving their living conditions, by running her project of selling birds for the past six years. Now as it is winter, and some of her birds cannot bear cold weather, she needs to buy a special heater for birds. She doesn't have enough money to do so, consequently she has applied for this 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
  • $7,469,575
    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 Alaa to buy a special heater for birds.
50% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
Possible