IMMDF

Through its offices in Erbil, Kurdistan, and Amman, Jordan, IMMDF is today the only organisation in Iraq that provides medium and long term financing to private sector SMEs in Iraq... At the initiative of the United States Government and with the support of OPIC (www.opic.gov), IMMDF was created in 2004 by Global Communities (www.globalcommunities.org), to finance projects of Iraqi private small and medium size enterprises that generate employment and economic growth in Iraq (SMEs)... We have been financing SMEs since 2005 with loans received under three long-term credit facilities signed with OPIC in a total amount of US$ 120 million.