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Iraqi Al-Aman Center

The Iraqi Al-Aman Center is an institution that is building a sustainable foundation of providing quality, demand-driven financial services. It is a non-governmental organization registered in the NGO office under ID#70240. Al-Aman was established in 2005 and started operations in July 2006. It provides financial services, now only loans, to micro and small businesses. The Izdihar/Tijara USAID Provincial Economic Growth Program has supported Al-Aman technically and through funding.


Al-Aman has one main office in the Kirkuk Governorate and three satellite offices in the districts of Taza, , Hawija, and Daqoq . Total disbursements reached by the end of December 2013, ($ 50,570,975) and the number of loans disbursed since inception 21.669, of which (27 %) are women. It maintains a %001 portfolio at risk (PAR), and a repayment rate of more than 99 %. Operational self sufficiency as of the same date was 317%.


Al-Aman has four categories of individual lending: (a) small business, (b) transportation; (c) home improvement, and (d) Islamic. It looks forward to developing new products in the near future.


Al-Aman is overseen by an elected body of governing members of a Board of Directors. It is managed by a highly qualified, motivated and proactive Executive staff.

ANNOUNCEMENT

With more proud and pleasure and for the second year AL-Aman got appreciation letter from the General Secretariat of the Council of Ministers / NGO"s Department

LOAN PRODUCTS

scholastic loan
Definition: offering financial solutions for students in all studying stages whom...

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Saturday, 20 December 2014
Thunderstorm

9°C

Kirkuk

Thunderstorm
Humidity: 93%
Wind: NW at 8.05 km/h
Saturday 6°C / 17°C Mostly cloudy
Sunday 5°C / 16°C Sunny
Monday 5°C / 15°C Sunny

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