A loan of $2,525 helped to purchase equipment and materials to manufacture funeral wreaths.

Yuryi's story

Yuryi is a married father with a 6-year-old child. Yuryi makes and sells ceremonial items in his hometown. He has been in this business for seven years. His turnover capital is about 30,000 Grivnas and his net profit exceeds 5,000 Grivnas a month. One of the specific characteristics of his business is a high turnaround of inventory.

Yuryi is very focused and determined. He is grateful for the previous micro-loans he has received, which have helped the expansion of his business. This time, Yuryi is requesting a loan of 20,000 Grivnas to purchase equipment as well as additional raw materials to manufacture funeral wreaths, e.g. fake flowers, wire and ribbons. The loan will be beneficial for Yuryi’s business by keeping it competitive and promoting further growth so it will continue to provide necessary income for his family.

Loan details

Lenders and lending teams

Loan details