Majeda is a 46-year-old housewife. Her husband works for a private company. They have six children.
Six years ago, Majeda started a small business selling cosmetics products and accessories. Now she is working on adding jewelry to the range of goods she sells. Majeda's business attracts a specific type of customer since she only deals with a few brands whether it’s for cosmetics products or accessories.
Majeda has applied for a loan in order to buy jewelry to add to her sales business.
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.