Picture Perfect Business

Much of the world has turned to digital photography, but in the southernmost province of Muthanna people still embrace film. That’s good news for Aiad Otaiwi Aziz, who owns an art and photography shop that develops film.


Aiad Otaiwi Aziz, Samawa – Gulf Bank

Earlier this year, Aiad received an ID 34 million low cost ICF-SME loan from Gulf Bank to expand his photo processing operation and increase his selection of photo books and frames he imports from China. Business is so brisk that Aiad needs six employees. Indeed, Aiad’s business has grown so rapidly that he now enjoys a 20% profit margin once all his expenses are paid.