The borrower is 45 years old, married, and has 4 children. She graduated from primary school. She will use this loan to develop her business and to purchase a sewing machine and cloth. The borrower has a high reputation and she is a trustworthy woman which has made her gain lots of clients. The borrower has acquired a great deal of experience in sewing women’s garments of good quality and at reasonable prices. She will benefit from this loan and can also raise the income of her family.
Please note this Field Partner is "atypical" among Kiva's partner base as they have not been visited by any members of Kiva's staff. Because of on-going security concerns, due diligence was conducted remotely. This partner does, however, meet all of the minimum criteria for partnership with Kiva. Also, please be aware that Iraqi regulations are currently unclear about whether microfinance institutions are legally allowed to obtain foreign funding. 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 get stuck in the country for regulatory reasons, even if individual borrowers pay back their loans. As a lender to borrowers in Iraq, you would be taking on this additional risk. Kiva cannot guarantee the return of these funds, but it will do all within its power to resolve any issues that may arise.