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Tawfeeq, 44 years old and married, supports a family of six members.

After his retirement from the military, Tawfeeq opened a store for selling home products as shown in the photo. It has been open three years already. Today Tawfeeq has applied for a loan to buy more products that are not available at the store so he can have the item required most at any house.

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.

About Jordan

  • $6,100
    Average annual income
  • 25
    View loans »
    Jordan Loans Fundraising
  • $8,683,000
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Tawfeeq to buy more home products for the store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 10, 2012
Feb 2, 2012
Currency Exchange Loss:
Feb 15, 2013