Total loan: $2,000
, , Iraq / Manufacturing
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A loan helped to buy a wood-cutting machine.
Ali is a married Iraqi youth client who is 22 years old and has one child. Ali lives with his family members consisting of four members, three of whom help Ali in providing the monthly income. Ali owns a carpenter’s shop; he specializes in making furniture. Ali has been in this field since 2000, and though practice he gained much experience in this field. He now has an employee, and is well-known in his neighborhood thanks to his competitive and affordable prices. Ali is applying for a youth loan of 2,000 USD. He will use this loan to buy a wood-cutting machine. Ali is aiming to expand in this field and increase his profits, so he will be able to provide his family with better living standards.