Hanan was born in 1969. She is married and lives with her husband and her six children in a sector of Jordan called wihdat. She has been trying her best to support her husband to improve their living conditions by running her business of selling clothes at her house for the past five years. Now she needs to expand it by buying a larger quantity of clothes to raise her profit. 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.