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Nawal
Nawal was born in 1980. She is a married lady living in a rented house in a sector in Jordan called Zarqa. She is a mother of three.

Nawals' husband is working in agriculture, and she decided to support him in covering their children's needs three years ago by selling accessories and cosmetics in order to raise their income. Since she has a sense of responsibility, she decided to expand her project by adding variety to her products such as souvenirs and to buy new types of cosmetics. But she doesn't have enough money to do so. Because of that, she 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
  • 49
    View loans »
    Jordan Loans Fundraising
  • $7,601,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Nawal to buy new types of cosmetics and to add souvenirs to her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014