Haidar is requesting a loan for 1,200 USD to build a roof and build a room for the guard. He is aiming to continue to grow in this field and buy a new generator in another place to serve more people and save them from the hot summer without national electricity in Iraq.
The story of Haidar and his business is just one of the many examples of Izdiharona for Economic Development clients who have been able to improve their business with a small business loan product, specifically designed to meet the needs of a small business where a relatively small amount of capital can provide significant business improvement.
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This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources
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