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Gwlala
Gwlala is a 43-year-old, married Iraqi woman. She has two children. To help her husband improve their family's income, she opened a beauty shop in 2005, providing hairstyling, cuts and coloring, face massage, makeup and beauty care. Gwlala has two employees. To continue providing excellent service and to attract additional customers, she decided to upgrade her business.

Gwlala is requesting a $2,400 loan in order to buy a massage machine, chair, air conditioner and water cooler. She is aiming to increase her profits, which offers her the opportunity to provide a better life for her family as a whole.

The story of Gwlala and her business is just one of many examples of IED’s clients who have been able to improve their businesses with a small business loan product specifically designed to meet the needs of small businesses, where relatively small capital can provide significant business improvement.

Additional Information

More information about this loan

This loan is designed for home-based businesses and income generation projects run by women in Iraq. Following years of conflict in the country, female-headed households constitute a highly vulnerable segment of the Iraqi population. Iraqi women continue to face widespread instances of gender based violence, including domestic violence, honor killings, and trafficking. Government programs intended to support women often suffer from corruption, outdated systems, and administrative obstacles. By supporting this loan, you are enabling a woman in Iraq to establish or grow her business.

About Izdiharona for Economic Development

Izdiharona for Economic Development (Izdiharona) is a nonprofit organization in Iraq that provides financial assistance to small and medium enterprises in need of capital so they can develop their businesses and train their staff. Founded in 2008, it currently operates ten branch offices throughout Iraq in the provinces of Baghdad, Babil, Basra, Karbala, Messan, Sulaymaniyah and more. Kiva lenders’ funds are used to provide education, startup, green, and youth loans, as well as interest free loans to the ultra poor and loans that support income generating projects for women.

About Iraq

  • $3,600
    Average annual income
  • 3
    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 Gwlala to buy a massage machine, chair, air conditioner and water cooler.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 24, 2013
Listed
Aug 9, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014