From MNF-I, Freedom Fact on banks . . .Since 2003, eight banks in and around Baghdad have lent a combined $2.26 million to local businesses. These banks have encouraged the growth of local small business by transitioning from a conservative, collateral-based loan system to a more aggressive system based on the cash flow generated by businesses.
Sunday, May 6, 2007
Good News from Iraq: 6 May 2007
Posted by Butterfly Wife at 7:30 PM
Labels: Good News from Iraq