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Anonymous
This borrower is 27 years old. She graduated from primary school and is married with a child.

She will use this loan to develop her beauty salon and to purchase makeup, new chairs, and a hairdryer. She has been able to gain lots of customers in the market. She has a unique way of styling her clients which draws them to her salon (especially the brides).

She has a good character and a good reputation in the market and this has made her a celebrity among the women in her community.

Additional Information

Important Information

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.

About Iraq

  • $7,100
    Average annual income
  • 0
    View loans »
    Iraq Loans Fundraising
  • $9,342,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,300 helped this borrower to purchase chairs, makeup and a hairdryer and to redecorate her salon.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011