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Amal
Amal was born in 1966. She is married and a mother of three. Her husband is a contractor. Amal has been sewing and selling general products such as clothes, accessories, and cosmetic products for three years. She started her project after she noticed the financial crisis her husband is facing. So she decided to help him in covering their children's needs. She is planning to expand her project more in the future by buying more fabric to sew more curtains and to buy a sewing machine to raise her productivity. Now she is requesting a loan to add new products which will attract more customers, such as detergents, perfumes, baby clothes, and stationary tools.

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
  • $7,836,875
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,200 helped Amal to add new products to her business like detergents, perfumes, and stationery tools.
75% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2014
Listed
Feb 28, 2014
Currency Exchange Loss:
Possible