Nomou Iraq-helping Iraqi entrepreneurs grow their SMEs

We help Iraqi entrepreneurs grow their SMEs

About The Nomou Iraq Fund

We support entrepreneurs and SMEs

We support entrepreneurs and SMEs

The Nomou Iraq Fund (NIF), managed by GroFin, was launched in 2013 with the objective to build a strong SME sector to help rebuild the economic fabric of Iraq and create sustainable jobs for Iraqis. The Fund aims to support local businesses/SMEs to help rebuild an industrial economy damaged by war and embargoes and to create employment in a region where the fast-growing and predominantly young workforce have limited opportunities.

How we support entrepreneurs and SMEs

Access to business loans and support

The Nomou Iraq Fund programme helps entrepreneurs succeed by providing them expert advice, continuous guidance, and financing to grow their businesses. The GroFin Iraq investment team develops long-term personal relationships with each entrepreneur, creating a suitable deal structure repayment period and providing continuous business support based on the particular needs of the business.

The GroFin Approach

As part of the Nomou Programme, the Nomou Iraq Fund employs GroFin’s business model based on GroFin’s commitment to provide its clients with support beyond finance. A deep understanding of the factors that drive SME success is central to this model, as is the steadfast belief that SME success leads to impact success.

Since its inception in 2004, GroFin has invested in 761 SMEs and sustained nearly 90,000 jobs. GroFin offers financing and support to SGBs in 14 countries in Africa and the Middle East and focuses on small businesses operating in education, healthcare, agri-processing, manufacturing and key services (water, energy and sanitation) sectors.

Nomou Iraq Investments
761

SME
Investments

Nomou Iraq Entrepreneurs Supported
10,040

Entrepreneurs
Supported

Nomou Iraq Business Loans
US$ 360

Business Loans
Approved

The GroFin Iraq Team

The GroFin Iraq investment team has a combined 60+ years proven track record of helping Iraqi business owners and
entrepreneurs start and grow their businesses.

Raed Adnan

Raed Adnan

Investment Executive (NIF & NII)
Hawrre Kak Ameer

Hawrre Kak Ameer

Investment Manager
Mohamed Al Soufi

Mohamed Al Soufi

Investment Manager
Difaf Alassam

Difaf Alassam

Credit Administrator Manager
Mustafa Al Malihei

Mustafa Al Malihei

Investment Manager
Dr Abdulkaliq Al Badran

Dr Abdulkaliq Al Badran

Investment Manager
Abdal Ghany Al Hasani

Abdal Ghany Al Hasani

Investment Manager
Hemin Ferman

Hemin Ferman

Monitoring & Evaluation Officer
Shaymaa Al Hamadani Sadeq

Shaymaa Al Hamadani Sadeq

Office Coordinator