Jamila is a 40-year-old, married woman and a mother of four sons and daughters. Her husband is a retired man, and his pension isn't enough to cover his children's needs. For that, she started her own business running a mini-market one year ago, and she built a good customer base and started receiving good income. Now she is seeking a loan to bring in new products that her customers requested. But she doesn't have enough money to do so. For that, she has applied for this loan.
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.