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This entrepreneur has a small shop that sells mobile devices. He got married six months ago and feels he has a big responsibility to his family. Therefore he needs to develop his shop and increase his income through this business. This loan is his first experience with Microfinance.

In his own words, "I feel I will be able to get a loan, pay it back...and increase my income." He wants to be a competitor in the area and be the first mobile shop buying and bringing new and modern types of mobile devices.

Note: This entrepreneur is from a volatile region where the security situation remains unsettled. Personally identifiable attributes of this entrepreneur have been altered to protect him or her (i.e. blacking out portions of the entrepreneur in his/her picture, etc.).

About Iraq

  • $7,100
    Average annual income
  • 0
    View loans »
    Iraq Loans Fundraising
  • $9,342,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Identity buying new kinds of mobile devices and developing the shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 25, 2007
May 10, 2007
Currency Exchange Loss:
May 12, 2008