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Khalida
Khalida was born in 1976. She is married and a mother of three daughters and one son. Her husband is a retired man whose pension isn't enough to cover his children's needs. For that reason, Khalida has been selling blankets and clothes at her house for two years. She is now seeking to expand her business by purchasing a larger quantity of clothes and blankets. But she doesn't have enough money to do so. For that reason, 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

  • $3,740
    Average annual income
  • 58
    View loans »
    Jordan Loans Fundraising
  • $7,608,500
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $750 helped Khalida to buy more blankets and clothes for her business.
61% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2014
Listed
May 30, 2014
Currency Exchange Loss:
Possible