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Ahmad is a client with special needs from Iraq. He is 47 and married, but he doesn't have any children. Ahmad has a small grocery store selling fruits and vegetables only. He established his business in 2010 after working with his brother in the same field. He built a good reputation and became well known in the neighborhood. Ahmad is requesting a loan of 3,000 USD to renovate the shop, add shelves, and install a display stand. He is aiming to grow his business more and expand his shop in the future so he may increase his profits and make more income for his family.

Additional Information

More information about this loan

This loan was designed by CHF ACSI to help victims of the Iraq War, namely those who have been left with physical disabilities. The goal of these loans, which target areas of Iraq still affected by ongoing violence in the country, is to provide financial support to individuals with special needs, allowing them to develop their businesses and improve their standard of living. By funding this loan you are helping a disabled borrower overcome some of the challenges they face as a result of their disability.

About CHF International Access to Credit Services Initiative

CHF International Access to Credit Services Initiative Iraq has played a significant role in the rehabilitation of the Iraqi economy. As the largest microfinance institution in Iraq, ACSI is well-positioned to provide quality financial services. When lending through CHF, please consider the following:

1. Due to social and political challenges in Iraq, personally identifiable attributes of this borrower may have been altered to protect their identity (i.e. blurring portions of the borrower's photo, anonymizing name and location, etc.). CHF appreciates Kiva lenders' understanding of these challenges and encourages lenders to continue their support for Iraqi borrowers.

2. To cater to more Iraqi borrowers, CHF offers loans that comply with Islamic law. A key principle of Islam is the prohibition of charging interest on a loan. In order to offer loans in a manner consistent with borrowers' values, CHF will charge 0% interest on this loan. However, the organization does charge a flat service fee to cover its costs. The loan amount you see listed on Kiva includes both the principal loan and this additional fee. As with all Kiva loans, you should expect to have your funds returned to you according to this loan’s repayment schedule. For more information on lending in the Muslim world, please click here.

3. Please note that CHF has not been visited by any members of Kiva's staff. Due to ongoing security concerns, due diligence was conducted remotely. ACSI does, however, meet all of the minimum criteria for partnership with Kiva.

4. While Kiva has been able to send and receive funds to and from Iraq in the past, there is a possibility that future loan repayments could be delayed for regulatory reasons, even if individual borrowers pay back their loans. When you make a loan through CHF, you assume this additional risk.


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