A loan of $1,500 helped to purchase new stock of cosmetics and perfumes..


Klara's story

Klara has been trading in cosmetics for two years already. She purchases cosmetics and other beauty care products from nearby markets and resells them to her customers. Due to the fact that she is very kind and hardworking, Klara has gained a good client base that prefers to order cosmetics and perfumes only from Klara. She lives with her father and 7-year-old child. Her father is a teacher, but the main income of the family comes from Klaras’ retail business. To be able to increase the turnover and complete more orders, Klara has applied to SEF for financial support. She asks for this loan to be able to purchase a new stock of cosmetics and perfumes to increase sales. She has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. The loan will be a huge help for this hard working young woman to continue running her small business and ensure better living conditions for her family.



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Loan details