Tag Archives | USAID-Tijara Provincial Economic Growth Program

Report on USAID Tijara Growth Program

Since its launch in April 2008, the USAID-Tijara Provincial Economic Growth Program has used an integrated approach to economic development that combines financial incentives with educational opportunities to spur private sector development in Iraq. Tijara, which means trade in Arabic, is a multi-faceted USAID program that works in the areas of sustainable microfinance, bank lending […]

Private Bank SME Lending Tops $224m

More than $224 million has been injected into Iraq’s private sector economy in the form of Small & Medium Enterprise bank loans thanks to a cooperative effort between the USAID-Tijara Provincial Economic Growth Program and 12 private commercial banks. Of this amount, around $113 million presently is in circulation helping business owners expand their companies […]

Baghdad, USAID Agree on Economic Balance

A new report jointly compiled by the Iraq Prime Minister’s Advisory Commission and the U.S. Agency for International Development warns that over dependence on oil revenues has the potential of creating significant economic and market distortions. According to the report, released at an October 4 conference in Baghdad’s Al-Rashid Hotel, rapid expansion of oil wealth, […]

USAID Microfinance Conference in Erbil

The USAID-Tijara Provincial Economic Growth Program in cooperation with Iraq’s 12 microfinance institutions and Iraqi Microfinance Network will hold an Inclusive Financial Services Stakeholders Conference at Hotel Rotana, Erbil, on October 23 and 24, 2012. The theme of this year’s conference will be “Iraqi Microfinance - The Path to Economic and Social Advancement”. The conference […]

Karbala Printing & Marketing Service Center Opens

By John Lee. The large format banner printer was the last piece of equipment to arrive, completing the first round of printer purchases for the Karbala Printing and Marketing Service Center, culminating many months of planning and hard work by the staff of the Karbala Business Development Center (KBDC). Thanks to funding from the KBDC […]

Iraqi Co. for Financing SMEs Tops $26m in Loans

This week the United States Government, through the U.S. Agency for International Development (USAID), will reach a significant milestone in its efforts to support Iraqi businesses. Loans extended by Iraqi Company for Financing Small and Medium Enterprises (ICF-SME) to develop or expand small businesses will reach a total of $26 million or ID 30.18 billion. […]

USAID Awards Loans to Displaced Iraq Business Owners

The first round of loans, funded by the U.S. Embassy and disbursed through USAID-Tijara Provincial Economic Growth Program, was awarded this week in Erbil, marking the formal launch of the Iraqi Vulnerable Groups Support Initiative (IVGS). IVGS Initiative will extend small and medium enterprise loans to qualified Iraqi entrepreneurs who have been displaced by civil […]