Hala is 44 years old and mother to eight sons and daughters, two of whom are married. Hala’s husband is a driver; with the income from this he is supporting the family. On the other hand, Hala brings big amounts of dates and other fruits, to make various kinds of homemade jam. She has applied for this loan in order to get more jam containers in different sizes. Using the new containers will enable her to sell jams to some food markets in the neighborhood.
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.