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Saniye
Saniye is a single mother who has devoted her life to her family and lives with her sisters. When she first started out, she sold children’s clothing around her neighborhood. Eventually, going where her friends invited her she earned a better income. Later she went to sell at markets and borrowed money to buy a car with her uncle’s support. With the car she was able to go to the city market all year round. For 10 years, she sold her products both in her neighborhood and at the city market to improve her economic situations. With the money she earned, she paid off the car loan. She sold the car and bought a bigger one with the money and some of her earnings from the market. She increased the variety of her products. She continued like this for 10 years.

After 10 years Saniye decide to open a store. Through the force of her determination, the support of her friends and family, and her economic position, she opened a children’s clothing and novelty shop. For four months she kept going to sell at city markets. She is requesting a loan from Maya, which she will use to buy more types of children’s clothing for her shop, increase the customer capacity of the store, and make it more visually appealing. Her goal is to buy more products, expand her business, and open a wholesale store in the future. Eventually she wants to open a children’s clothing factory and start mass production.

Additional Information

More information about this loan

Maya works to extend access to finance in Turkey, a country which, as a whole, has very limited microfinance services. By supporting this loan, you are helping Maya continue their work and specifically reach female borrowers in Turkey, many of whom come from rural parts of the country. 

About Maya

Although Turkey is one of the largest economies in the region, it has not reached its potential for microfinance investment. Deficient legal structures for microfinance credit initiatives and lack of quality information about microfinance demand and structure in Turkey are the largest obstacles to improvements in the field. Under these challenging conditions, Maya provides group and individual loans to low-income women who lack access to the financial services they need in order to start or improve their own small-scale businesses. Maya, established in 2002, was Turkey’s first microcredit program. Maya is Kiva’s first Field Partner in Turkey and posted its first loans in August 2011. Headquartered in Istanbul, Maya has four branch offices. For more information, visit Maya’s partner page.

About Turkey

  • $9,500
    Average annual income
  • 1
    View loans »
    Turkey Loans Fundraising
  • $193,825
    Funds lent in using Kiva
  • 2.2
    Turkey Lira (TRY) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Saniye to purchase children's clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014