Jameeleh is a 47-year-old single lady who is living with her mother. Five years ago, Jameeleh was able to open a small tailoring workshop, so she can support herself and her mother. Since then, she has successfully gained a good number of customers. Now Jameeleh has applied for a loan to buy more sewing machines and expand the tailoring workshop.
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.