A loan of $1,975 helped to open an new business location and to buy up the necessary inventory to fill it.

Raisa's story

Raisa has already used loans through Kiva several times. Each time, the additional financial means have had a productive impact on her business. From the moment she received her previous loan, Raisa was able to open another business location and her income increased by 2,500 hryven (UAH) per month.

This time, she is hoping to use a loan of 16,000 hryven to open a new business location and to buy up the inventory necessary to fill it. Raisa calculates that with the two business locations, her profit will now gradually increase by at least 50%.

Translated from Russian by Kiva volunteer

Loan details

Lenders and lending teams

Loan details