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Zein Al Abidin
Zein Al Abidin is a single Iraqi youth client who is 19 years old and lives with his family, composed of four members; one is employed.

Zein Al Abidin owns a small shop where he tailors men's outfits. In 2008, at his young age, he enrolled in this field and started helping his father with his work. After gaining all the needed experience in this field, he took over his father’s business and started to help his father in providing the family’s income. Zein Al Abidin has gained good experience in this field and is loved by many.

He is applying for a youth loan of 2,400 USD. He will use this loan to install a new rolling shutter for his shop, and to buy some raw materials to increase his production.

Zein Al Abidin is aiming to grow more in this field, and is hoping that this loan will give him the chance to increase his production and provide him a better standard of living.

Additional Information

More information about this loan

This loan is helping support a borrower who is under the age of 35. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

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

  • $7,100
    Average annual income
  • 0
    View loans »
    Iraq Loans Fundraising
  • $9,342,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,400 helped Zein Al Abidin to install a new rolling shutter for his shop, and to buy some raw materials to increase his production.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 21, 2013
Sep 3, 2013
Currency Exchange Loss:
Oct 3, 2013