Hanan was born in 1982. She lives with her husband and six children at a sector in Jordan called Dairalla. Her husband is a retired man who currently works as a security guard.
Hanan has been selling blankets for one year. She started her project with a small amount of blankets and found it a good source of income. Now she wants to expand her project by buying a larger amount of blankets to make better profit and to earn better income to support her husband in improving their living conditions and in covering their children's needs. But she doesn't have enough money to do so. For this reason, she applied for this loan.
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.