Raeesa was born in 1955. She is a widow who was left with her only daughter to take care of. Raeesa lives in a rented house in Marka, Jordan.
She has been selling blankets to be able to cover her daughter's needs for two years and found her business profitable. Now she is out of blankets to sell. For that, she has applied for this loan to purchase more blankets as she doesn't have enough money to do so.
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.