Mariam was born in 1976. She is a married woman, living in a sector of Jordan called Deiralla with her four children and her husband who works for a government entity.
Mariam started financially helping her husband for one year by selling blankets. She noticed that this business was profitable and she decided to expand it.
Now, she needs to add home products to her business in order to attract more customers. But, she doesn't have enough money to do so. For this reason, she has applied for this loan.
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.