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Majid
Majid is a 35-year-old, married man and the father of three children. He has a car wash shop. One of his children is a boy named Ali. He is a student in primary school, and he gets high grades in school, every year. The family faces the problem of making ends meet at the beginning of the study year, because of the additional expenses that must be covered, including study fees/tuition and books. With this loan, Majid can accommodate all these expenses.

Majid is requesting a loan to pay for his son's school fees and other study expenses. Ali's dream is to be an engineer. This loan will give him a chance to continue his studies and, hopefully, to fulfill that dream.

The story of Ali is just one of the many examples of Izdiharona for Economic Development clients, who are able to get a better education.

Additional Information

More information about this loan

This loan is part of Izdiharona's education program, designed to finance school tuition and other expenses for primary and secondary school students whose families have low incomes. Funds can be used for partial or complete payment of school expenses. By supporting this loan, you're enabling access to education for students with limited options.

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
  • 1
    View loans »
    Iraq Loans Fundraising
  • $9,312,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Majid to pay for his son's school and transportation expenses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2014