Laila is a 34-year-old married lady. She has three daughters and her husband is a plumber.
Laila has been tailoring and sewing at home for three years now, mostly for neighbors and relatives. Now that the word has spread about what she does a lot of her customer's friends have started to bring her what they want to sew or tailor. For that reason Laila has found that her current sewing machine needs some maintenance to make her job faster, so she has applied for this loan to do so and to buy a newer one to be able to serve her customers on time.
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.