A loan of $2,100 helped to purchase mobile devices and accessories and renovate his workplace.


Muhamed's story

Muhamed is 27 years old, married, and has one child. He lives in Iraq. Muhamed owns a small shop where he sells mobile phones and their accessories. He established his business in 2012 and has gained good experience in this field. Muhamed has hired one employee now. He is becoming well-known in the surrounding area and has an excellent reputation, since he not only sells mobile phones but also provides maintenance services for his customers.

Muhamed is requesting a loan of $2,100 US. He will use this loan to purchase mobile devices and accessories and renovate his workplace. Muhamed aims to grow his business and increase his profits so that he may be able to provide a better life for his family.

The story of Muhamed and his business is just one of many examples of IED’s clients who have been able to improve their businesses with a small business loan product specifically designed to meet the needs of small businesses, where relatively small capital can provide significant business improvement.



Loan details


Lenders and lending teams



Loan details