Omar was born in 1970. He is married and a father of 4. Omar started his own independent business by renting a small store and turning it into a small café where he serves hot drinks since two years. He wants to serve more types of hot drinks other than tea and coffee in addition to ice cream in order to attract more customers and raise his sales. For that he applied for this loan to buy them and an ice cream machine.
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.