A loan of $3,600 helped a member to purchase quality tools for an auto repair garage.

Hunar's Group's story

Hunar is a hardworking 22-year-old Iraqi man. He is married and has a child. To support his family, he is running an auto repair and maintenance garage, specializing in such work as changing oil and oil filters. With four years' experience, he has established a good reputation and has many returning customers visiting his garage who are satisfied with the quality of the services they receive.

Hunar is continuously on the lookout for new developments, making sure he can provide great quality work on all car models, even the newest ones. He has already taken out a loan from Relief International - Microfinance Iraq in the past, which he used to renovate the garage. After successful repayment of his first loan, he decided to continue to invest in his business and took out a new loan to purchase quality tools for the auto repair shop.

Relief International - Microfinance Iraq offers group loans for clients unable to provide a guarantor and, thereby, unable to apply for a loan as an individual. As a group, the members collectively guarantee the loan. Groups consist of 3 to 5 clients and each client is evaluated on his or her repayment capacity. All group members receive the same loan amount as the individual with the lowest repayment capacity in the group.

In this group: Hunar , Dilpak , Khalat
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Loan details

Lenders and lending teams

Loan details