By T. Keyzom Ngodup, co-founder and Executive Director at Ideas sYnergy, an Iraq based private sector development consulting company. Six NGO-microfinance institutions (MFIs) provide Islamic micro-financing Al-Murabaha to over 7,000 micro-enterprises, 14% of them women-owned small businesses across Anbar, Kirkuk, Ninewa, and Tikrit. Al-Takadum in Al-Anbar pioneered micro-financing based on Islamic principles in 2007 and […]
Tag Archives | MSMEs
Tags: Financing, Ideas sYnergy, Islamic Finance, Microfinance, MSMEs, National Shari'a Board, Small Businesses
The Struggles of Small Businesses – The Broken Links
By T. Keyzom Ngodup, co-founder and Executive Director at Ideas sYnergy, an Iraq based private sector development consulting company. Much gets written about the struggles of small businesses in Iraq. With 36 private banks in Iraq, and high interest from the Government of Iraq to support MSMEs, especially in terms of access to finance, we […]
MSMEs – A Prerequisite for Inclusive Economic Development
By T. Keyzom Ngodup, co-founder and Executive Director at Ideas sYnergy, an Iraq based private sector development consulting company. Recent demonstrations across the country in Sulimaniya, Kirkuk, Basra, Kut and other provinces are indicative of the growing disenchantment among the youth who are often jobless or underemployed despite Iraq’s tremendous oil and gas resources. According […]