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Amina
Amina Ali is a 43-year-old, married Iraqi woman. She is the mother of five children. She is a tailor and works from home. Amina started her business in 2003 to help her husband support the family. Amina has a very good reputation in her neighborhood. She decided to take out a loan to develop her business and increase her profits so that she may continue assisting her husband with providing additional income to improve the living conditions of her children.

The story of Amina and her business is just one of the many examples of Izdiharona for Economic Development's clients who have been able to improve their business with a small business loan product, specifically designed to meet the needs of small businesses where a relatively small amount of 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 Government programs intended to support women often suffer from corruption, outdated systems, and administrative obstacles.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.

Tags

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 $1,500 helped Amina to buy a new sewing machine and fabric for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014