This borrower is 37 years old and married. He completed primary school and passed the exam.
He owns a photography shop and has been working for a long period in this field. He is using this loan to expand his shop and buy merchandise, such as cameras and photographic supplies.
He has benefited from the loan. He has one employee, but in the coming days, he intends to hire another employee to help him. His income has increased and he has acquired a great deal of experience and skills in his field. He has a good reputation among his friends in the market.
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.