Muhab is a 43-year-old divorced woman living in a rented house.
To be able to support herself and pay the rent, Muhab started a business selling plants at home. Every once in a while she goes to the market to get a number of plants and trees, especially those used for decoration. She then sells them back at her house to neighbors, friends and sometimes nearby flower shops.
Muhab has applied for a loan to build a greenhouse or nursery in the yard at her home to increase the number and variety of decoration plants she has.
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.