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Gülhan has five children and sells small goods. She makes tarhana (a preserved yogurt soup mix) at home, and at the same time works on prayer rugs and embroiders muslin cloths. She buys children’s clothing to sell at stands in the city’s markets. Gülhan rents; the rent for her market stands, the rent for her home and household expenses add up to a lot. She will use the loan to buy towels and diversify the products at her stand. The more variety she has, the more she can earn.

Translated from Turkish by Maya Staff
Gülhan Hanım’ın 5 çocuğu var. Pazarcılık yapıyor. Evinde tarhana yapıyor aynı zamanda namazlık işliyor,tülbent oyalıyor. Çocuk çamaşırı alıyor bunları semt pazarlarına gidip tezgah açıyor. Bu sefer aldığı krediyle,havlu alıp tezgahını çeşitlendirdi. Ne kadar çeşit olursa o kadar kazanç sağlıyor. Kirada yaşıyor. Ev kirası,tezgah kirası,ev giderleri oldukça fazla tutuyor. Aldığı bu kredi ile malzeme alacak.

Additional Information

More information about this loan

Maya works to extend access to finance in Turkey, a country which, as a whole, has very limited microfinance services. By supporting this loan, you are helping Maya continue their work and specifically reach female borrowers in Turkey, many of whom come from rural parts of the country. 

About Maya

Although Turkey is one of the largest economies in the region, it has not reached its potential for microfinance investment. Deficient legal structures for microfinance credit initiatives and lack of quality information about microfinance demand and structure in Turkey are the largest obstacles to improvements in the field. Under these challenging conditions, Maya provides group and individual loans to low-income women who lack access to the financial services they need in order to start or improve their own small-scale businesses. Maya borrowers are part of lending groups, but are posted to Kiva as individuals. Therefore, lenders are exposed to additional risk of default in the event that a member of this borrower's group defaults on her loan. Maya, established in 2002, was Turkey’s first microcredit program. Maya is Kiva’s first Field Partner in Turkey and posted its first loans in August 2011. Headquartered in Istanbul, Maya has four branch offices. For more information, visit Maya’s partner page.

About Turkey

  • $19,600
    Average annual income
  • 0
    View loans »
    Turkey Loans Fundraising
  • $492,050
    Funds lent in using Kiva
  • 2.1
    Turkey Lira (TRY) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Gülhan to buy towels and diversify products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 6, 2014
Jun 2, 2014
Currency Exchange Loss:
Nov 17, 2014