This entrepreneur is 35 years old. He is married and has three children. He graduated from primary school.
He owns a small store where he sells items such as perfume, and candy, peanuts, sunflower seeds, and other food. He will use this loan to develop his business, buy new items to sell, and replace his old refrigerator.
He has been working in this business for a long time and has gained a lot of experience. He has a good reputation among his fellows and many customers buy from him due to the good prices and the quality of his products. His income will rise due to this loan.
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.