Mona is a 40-year-old housewife. Her husband works in a barbershop. They have no children.
For two years now, Mona has been doing a trading business, buying clothes by kilos and reselling them at her house.
This is her second time applying for a loan. Now she wants to buy more quantity of clothes and more hangers till she makes the required amount of money that will allow her to move into the market and open a small shop of her own.
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.