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Suren
Suren is 31 years old. Because she could not have children her husband divorced her and she ended up living alone and she had hard time supporting herself. In 2008 when she divorced she decided to start her own business. She bought a sewing machine and after a while gained an excellent reputation in the neighborhood, thanks to the quality of her work.

When she heard about Izdiharona's qard hassan product for divorced women she took a loan to change her old sewing machine and buy iron to increase her profit.

She is aiming to grow her business and increase her profits. The story of Suren and her sewing business is just one of the many examples of Izdiharona for Economic Development clients.

Additional Information

More information about this loan

Izdiharona offers products that are customized for its Muslim clients. This Alqard Alhasan product is an interest free loan, usually offered to students or the very poor, with a focus on female headed households in Iraq. For more information on Islamic microfinance, please click here.

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.

About Iraq

  • $3,600
    Average annual income
  • 0
    View loans »
    Iraq Loans Fundraising
  • $9,309,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD