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Najwa
Najwa, who was born in 1976, is a married mother of six sons and daughters. She has been trying her best to provide her children with a better life by running a small salon in a room in her building.

As she has built a good customer base, Najwa is seeking a loan to expand her business by opening an independent salon so that she will attract more customers from her area and earn better profits.

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
  • 21
    View loans »
    Jordan Loans Fundraising
  • $7,531,925
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,200 helped Najwa to move her business to an independent location and expand it.
41% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible