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Investors Iraq News
10-03-2015, 12:51 PM
Small Iraqi businesses are ripped off by lenders in Iraq

In order to expand his men's shoe business, Mohammed Jizani had to borrow $100,000 from a loan shark. As is common in such cases, he was forced to pay the lender $4,000 a month in interest until the final payment on his debt.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2015/10/03/30110/small-iraqi-businesses-are-ripped-off-by-lenders-in-iraq.aspx)

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