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Muhamed
Muhamed is a 20-year-old, single Iraqi man. He lives with his parents. Muhamed started his business approximately eight years ago to generate income to cover his family and his personal expenses.

Muhamed will use this loan to renovate his workplace and buy more grocery products. He aims to grow his business and increase his profits so that he may be able to provide a good life for his family.

The story of Muhamed and his business is just one of the many examples of Izdiharona for Economic Development clients.

Additional Information

More information about this loan

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 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.

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About Iraq

  • $3,600
    Average annual income
  • 2
    View loans »
    Iraq Loans Fundraising
  • $9,342,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD