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Ratiba
Ratiba was born in 1961. She is married and a mother of 5 daughters and 5 sons.

Her husband is a farmer, and his salary wasn't enough to cover his children needs. For that, she decided to start selling blankets at her house to help her husband in paying their household fees for 1 year. Now she is seeking a loan to expand her business by purchasing a new collection of clothes to raise her profit.

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
  • 19
    View loans »
    Jordan Loans Fundraising
  • $7,469,575
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $625 helped Ratiba to purchase a new collection of clothes to resell.
60% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2014
Listed
May 30, 2014
Currency Exchange Loss:
Possible