SME Borrowers

Qualifying criteria:

  1. Businesses registered primarily in the formal sector.
  2. Businesses engaged in legitimate commercial activities.
  3. Businesses in the productive sector of the economy (manufacturing, agri-business, workshops) and in essential services supporting the productive sector - materials supply, intermediate processing, transportation and storage.
  4. Businesses that both save and create new jobs for Iraqis.
  5. Enterprises utilizing a good business plan and with transparent organization, record keeping and accounting practices.
  6. Businesses with cash flow and secondary collateral to support a loan.
  7. Entrepreneurs launching start-up projects may be financed on an exceptional basis only.