Hashim is a 29-year-old married man and the father of three children. He has been working in the agricultural sector for 11 years. Hashim is a hard worker. He is specialized in growing palm trees and selling dates. Hashim takes good care of his farm and makes sure that every tree has the care it needs to ensure high quality production.
Hashim is requesting a loan of $3,000 US. He will use this loan to purchase fertilizers (mainly organic) and renovate the storage facility of his farm. Hashim expects that this loan will generate additional income that will enable him to buy livestock and develop his farm.
The story of Hashim and his 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.
More information about this loan
This loan is part of Izdiharona's green loan program, which helps clients to gain access to environmentally friendly products that reduce pollution in Iraq.
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.