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Mohammad
Mohammad was born in 1974. He is divorced and has three children, and he is the one who is responsible for his children's needs.

Mohammad started his own business selling coffee and hot drinks a year ago. His business is his only source of income.

Now he needs to buy gas so he can make coffee, and other herbs and materials to make more drinks in order to raise his productivity and sales. But he doesn't have enough money to do so. Because of that, he 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

  • $3,740
    Average annual income
  • 22
    View loans »
    Jordan Loans Fundraising
  • $7,746,775
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mohammad to buy gas so he can make coffee, and materials to make more drinks.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015