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Anonymous
This borrower is 34 years old, married, and has a couple of children. The borrower graduated from preparatory school. He will use this loan to develop his garage where he repairs cars and to purchase spare parts. The borrower has a huge garage. He has a high reputation in the market and he is skilled man and has good experience in repairing cars. He has great ambition to develop his business.

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

  • $3,600
    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 $2,400 helped this borrower purchasing spare parts and developing his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2010
Listed
Nov 6, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011