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.
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 Government programs intended to support women often suffer from corruption, outdated systems, and administrative obstacles.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 DevelopmentIzdiharona 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.
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Success!! The loan was 100% repaid