Esam was born in 1963. He lives in Irbid, Jordan with his 6 children. Esam started trading clothes 6 months ago, and he found it a good source of income. He is currently running a clothing store and planning to expand it in the future. As the Eid is coming, Esam wants to benefit from it and do well selling his products. So, he is seeking a loan to buy new clothes and re-sell them during Ramadan and Eid.
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.