A loan of $2,625 helped to invest additional resources in inventory.

Lesya's story

Lesya took out her last loan to buy an assortment of spring shoes. With the addition of her loaned funds, she was able to increase her income, but not expand her business. The profit she earned was invested in an apartment for her son in a different region of the city. She was also able to furnish it, buy a washing machine, and a large refrigerator.

As usually happens with the entrepreneurs at the market, and not just with them, January and February are the worst months for revenues. They simply drop of a cliff. Because of this Lesya, like many others, again applied for assistance with financing.

Right now, Lesya has two sales outlets open. Demand isn't very high since it's only winter and not summer. However, she is planning to open a third, supplemental sales outlet in the near future.

Translated from Russian by Kiva volunteer

Loan details

Lenders and lending teams

Loan details