The story of IRADA started in 2018 when Dr. Khaldoon Al-Moosawi, the Founder and President of Mercy Hands (Iraqi NGO), was thinking of a way to preserve and solidify Mercy Hands' vast expertise in agribusiness, and use it to generate income for the organization, as part of Mercy Hands strategy to diversify its sources of income. So he decided to establish a subsidiary for-profit company specialized in agribusiness development and advances and he named it IRADA (IRaqi Agribusiness Development and Advancement). IRADA employs Mercy Hands current and former staff which who are experienced in agribusiness. IRADA operates independent of the parent organization, Mercy Hands, but it is mandated to donate a portion of its profits to support Mercy Hands mission and to provide technical support to it.
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In late 2019 and early 2020, IRADA designed and launched two major projects, As Salamiya Livestock Farm and the Mobile Hydroponic Solar Fodder System. A description of the hydroponic fodder system is available here.
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IRADA was established in 2019 but became fully registered in 2022. See registration documents here. IRADA has been auditing its annual financial statements since 2019. See audited financial statements here.