About Izdiharona for economic development (ifed)
Izdiharona for Economic Development (IFED) is a non-profit Iraqi NGO that was established on June 1st, 2008. The organization has branches across Iraq and provides micro loans for small businesses. IFED's mission is to promote economic development in Iraq by providing financial assistance to entrepreneurs who are looking to start or expand their businesses.
IFED's microfinance program is designed to help small business owners access the capital they need to grow their businesses. The program offers loans ranging from $500 to $10,000 with flexible repayment terms and competitive interest rates. IFED also provides training and support services to help borrowers manage their finances and grow their businesses.
One of the key features of IFED's microfinance program is its focus on women entrepreneurs. Women in Iraq face significant barriers when it comes to accessing capital and starting their own businesses. IFED recognizes this challenge and has made it a priority to provide financial assistance specifically targeted towards women-owned enterprises.
In addition to its microfinance program, IFED also offers a range of other services aimed at promoting economic development in Iraq. These include business development training programs, vocational training programs, job placement services, and community development initiatives.
IFED's commitment to promoting economic growth in Iraq has earned it recognition both nationally and internationally. The organization has received numerous awards for its work in the field of microfinance, including the prestigious "Best Microfinance Institution" award from the Central Bank of Iraq.
Overall, Izdiharona for Economic Development (IFED) plays an important role in promoting economic growth and entrepreneurship in Iraq through its innovative microfinance program and other support services aimed at helping small business owners succeed. With its focus on women entrepreneurs and commitment to providing high-quality financial assistance tailored towards individual needs, IFED stands out as a leader among non-profit organizations working towards sustainable economic development in Iraq today.