Funded

Total loan: $1,850
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Sherali


A loan of $1,850 helped business expansion and opening of a new shop.


Sherali's story

Sherali recently turned 30. He is married and has two children. He and his father run a business selling audio cassettes and DVDs. The father received a loan from Microinvest earlier, but has now gradually handed over the business to his son Sherali. Sales are steady and the income remains sufficient to support a family with. Sherali goes to wholesale markets 170 kilometers from his house to buy goods. Recently it was suggested that he open another sales location, and after calculating expected expenses Sherali decided to apply for a loan.

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Translated from Russian by Kiva volunteer Anna Hazen


Loan details

Loan length:

12 months
Disbursed date: March 24, 2009
Facilitated by Field Partner: MLF Microinvest, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: March 24, 2009
Facilitated by Field Partner: MLF Microinvest, a partner of ACDI/VOCA