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Mahdeya
Mahdeya was born in 1974. She is married and lives with her husband in a rented house in a sector in Jordan called Wihdat. She has been trying her best to assist her husband in improving their living conditions by running her project of selling home products and clothes from her house for the past year. Now she needs to expand the business by buying a larger quantity of home products and adding kitchen tools to attract more customers and to raise her profits, but she doesn't have enough money to do so. For this reason, she 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

  • $6,100
    Average annual income
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,823,550
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Mahdeya to add kitchenware to her business.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Feb 26, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015