tag:blogger.com,1999:blog-1953410733493889728.post4290945695848591338..comments2024-02-29T12:38:32.191-08:00Comments on MUSINGS ON IRAQ: Poverty Rate Unchanged In IraqJoel Winghttp://www.blogger.com/profile/09611810110771744360noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1953410733493889728.post-44760154211504841552010-07-22T08:00:05.035-07:002010-07-22T08:00:05.035-07:00Don from what I've read credit is almost unkno...Don from what I've read credit is almost unknown in Iraq. Banks are mostly used for savings by average Iraqis, and banks are afraid to make loans because of the instability in the country. The closest thing to micro loans was run by the US military under the Commanders Emergency Response Program which gave out small amounts of money to local projects. That's obviously winding down with the US withdrawal.Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-40148967457507957402010-07-22T02:39:42.707-07:002010-07-22T02:39:42.707-07:00Is there a micro-loans movement in Iraq? Micro loa...Is there a micro-loans movement in Iraq? Micro loans seem to work well in many countries for lifting people out of poverty.<br /><br />It would be necessary to find a form of words that made such loans "Islamic".Don Coxhttps://www.blogger.com/profile/11232752398252841794noreply@blogger.com