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Mohammad
Mohammad was born in 1982. He is married and a father of 5. Mohammad has been trying his best to provide his children with the best education and to cover his children's needs. He started his project of selling birds 6 years ago and found it profitable and a good source of income, so he decided to expand it gradually. Now he needs to expand the number of birds he has to increase his profit. Because he doesn't have enough money to do so on his own, 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
  • 7
    View loans »
    Jordan Loans Fundraising
  • $7,776,200
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Mohammad to buy more birds for his business.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2015