This entrepreneur is 37 years old. She is married has two children. She graduated from high school with a business degree.
She owns a beauty salon and she needs this loan to develop her salon. Despite her small size of her shop, from its inception, she was able to attract many customers, especially brides, because she is a very good. She is so skilled at her craft that her income has risen and she has been able to hire a few women to help her.
She has an excellent reputation in the market. Her location is so strategic that it falls in the busiest and richest part of town. Her style is so nice and mild that she has attracted more customers than other salons.
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.