This borrower is 29 years old and is single. He graduated from Intermediate school.
He will use this loan to purchase a sewing machine and cloth. He has a shop in a famous market and has been able to attract more clients to his shop due to his reasonable prices and good quality. His customers are both men and women and he has a good reputation in the market despite being young. He has a soft manner with his customers and that has gained him more clients.
He has a strong ambition to develop his shop in the future which will result in raising his income.
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.