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Wafaa
Wafaa is a conservative lady, so she asked her husband to take her place in the picture. Wafaa was born in 1975. She is a married lady living in a rented house in a sector in Jordan called Wihdat. She is a mother of 5. Wafaa's husband is a plumber and she decided to support him in covering their children's needs 1 year ago by selling blankets in order to raise their income. Because of her sense of responsibility, she decided to expand her business by buying a larger quantity of blankets and adding accessory sales to her business. Because she doesn't have enough money to do so, 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

  • $6,100
    Average annual income
  • 1
    View loans »
    Jordan Loans Fundraising
  • $7,840,775
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $900 helped Wafaa to buy more blankets and accessories for her business.
81% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible