Fatima was born in 1982. She is a married woman living in a sector of Jordan called Wihdat. Her husband has a clothes and electrical machines store, and he is the only provider for the family.
Now, she wants to support her husband by applying for this loan in order to buy a new collection of clothes and electrical machines for his store to raise his profit.
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.