AKnews reports that the Iraqi Ministry for Women’s Affairs has granted about 10m dinars’ worth of bank loans for women.
Ministry spokesman Mohammed Hamza said the loans are part of the project submitted by the Ministry of Labour and Social Affairs for women who are unemployed and registered with the ministry.
Priority for awarding the loans will be given to women who support their families. The value of the loans will increase according to the number of children but on the condition that the children attend school, explained Hamza.
The loans have an interest rate of three percent payable in 1m-dinar payments each year.