Amal was born in 1985. She is married and has six sons and daughters. Her husband Sameer is a retired man whose pension wasn't enough to cover his family's needs. Because of that, he started making car air freshers at his house and selling them to people in his neighborhood for one year.
Now her husband Sameer is planning to buy a packing machine so that he can pack his products easily and sell them in large quantities. Because of that, Amal decided to support him by applying for this youth loan.
More information about this loan
This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
About National Microfinance BankJordan 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.
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