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Ümmühan
Ümmühan sells clothes. When her children were young she had to take a break from working, but, now that they’re older, she wants to return to her job. She decided to take a loan from Maya to buy ready-to-wear clothes. She’ll use the loan to buy merchandise.
Translated from Turkish by Maya Staff
Ümmühan Hanım,giyim satışı yapıyormuş. Fakat çocuğu küçük olunca ara vermek zorunda kalmış. Çocuğu büyüdüğü için işine geri dönmek ve çalışmak istiyor. Yeniden hazır giyim satışı yapmak için Maya’dan kredi almaya karar vermiş. Aldığı kredi ile malzeme alacak.

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
  • 0
    View loans »
    Turkey Loans Fundraising
  • $182,900
    Funds lent in using Kiva
  • 2.1
    Turkey Lira (TRY) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ümmühan to buy ready-to-wear clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015