A loan of $2,400 helped a member to buy a refrigerator for his shop.

Halo's Group's story

Halo is a young, 25-year-old, Iraqi man. He is single and lives with his family. He is building up a good reputation and is helping to support himself and his family with his small market shop, selling food and drinks. He has three years' experience with the business and has managed to build up a nice customer base.

Building up the shop, step by step, Halo would like to expand the business, with the addition of one more refrigerator. To be able to buy the refrigerator, he took a loan from Relief International Microfinance Iraq.

Relief International Microfinance Iraq offers group loans for clients unable to provide a guarantor, thereby unable to apply for a loan as an individual. As a group, the members collectively guarantee the loan. Groups consist of three to five clients and each client is evaluated on his or her repayment capacity. All group members receive the same loan amount as the individual with the lowest repayment capacity in the group.

Based on the political and social challenges of lending in Iraq, personally identifiable information about these borrowers has been altered for their protection. Relief International Microfinance Iraq appreciates Kiva lenders' consideration of these challenges and encourages lenders to continue their support for Iraqi borrowers.

In this group: Halo, Abduladin, Sukria

Loan details

Lenders and lending teams

Loan details