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Velina M. is a 69-year-old widow whose husband died 6 years ago. Previously Velina worked in a state company that manufactured socks and tights in Sliven. Four years ago she and her son bought a knitting machine and started their own business. Now she and her son have hired two employees to help in the workshop. Their knitted goods are sold on the biggest market in the town of Dimitrovgrad. Velina M. is asking for a loan of $1200 to buy yarn and thread.

About Bulgaria

  • $14,400
    Average annual income
  • 0
    View loans »
    Bulgaria Loans Fundraising
  • $375,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Velina to buy yarn and thread.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 6, 2007
May 20, 2007
Currency Exchange Loss:
Jul 15, 2009