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Zainab
Zainab was born in 1976. She is a mother of 7. Zainab opened a small office supply store five years ago to help her husband in covering their children needs. She also added a copier as an additional service to the shop. Now Zainab has applied for this loan to add new types of stationary products that work for employees and students and to add women accessories to resell.

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
  • $7,539,325
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,475 helped Zainab to purchase more stationary products and women accessories.
55% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible