A loan of $2,250 helped to expand the selection of spare parts.


Andrey's story

Andrey sells automotive spare parts, such as lights, brake discs and pads and other. Thanks to his last loan, he increased his working capital and, therefore, was able to use the freed-up funds from sales for continued expansion of his business. Andrey's competitive advantage is the fact that he has a wide selection of spare parts at minimal prices compared to competing market neighbors. End of winter and beginning of spring is the time to repair cars after the winter use. This year, there were hard weather conditions (frost, a lot of snow and ice), and this is why the demand for spare parts will be high. Andrey is requesting this loan to expand his merchandise selection.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



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