This entrepreneur is 33 years old and married, and has one child. He is an educated person and a good bread-winner. He sells women's clothing.
When he received the first loan, he was able to build his own shop and purchase a lot of materials for his shop. As a result of his honesty and good reputation, he was able to attract more customers, because all of his customers are women. He has an employee who helps him, and he intends to add more employees if his income increases. He bought a lot of women’s garments and gained a lot of customers. He is a good and dependable man to his customers and makes all of his loan payments in the proper manner.
Please note this Field Partner is "atypical" among Kiva's partner base as they have not been visited by any members of Kiva's staff. Because of on-going security concerns, due diligence was conducted remotely. This partner does, however, meet all of the minimum criteria for partnership with Kiva. Also, please be aware that Iraqi regulations are currently unclear about whether microfinance institutions are legally allowed to obtain foreign funding. While Kiva has been able to send and receive funds to and from Iraq in the past, there is a possibility that future loan repayments could get stuck in the country for regulatory reasons, even if individual borrowers pay back their loans. As a lender to borrowers in Iraq, you would be taking on this additional risk. Kiva cannot guarantee the return of these funds, but it will do all within its power to resolve any issues that may arise.