He is 38 years old, married and has 5 children. He finished primary school. He will use this loan to develop and enlarge his shop. His family income will rise and he could get more constant clients to his shop. He is a good bread-winner and has to work hard to earn his living. He has a superb reputation in the market due to his age and also his fresh food and reasonable prices compared to his neighbors. This mini market is deemed as a major source to his earnings. He has been working in this business for a long time.
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.