Huda is a 35-year-old married woman, who has four children to raise, together with her husband. To help her husband in supporting the family, Huda started a small retail business five years ago selling clothes and towels as shown in the picture.
Now Huda has applied for a loan to make a display area for the products she is selling, hoping that she will have her own clothes store in the future.
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.