Wednesday, February 25, 2009
Stopped by Kiva.org and found a bakery loan to the Ukraine.
Anatolyi is married with a toddler son. His family lives in the small town of Veliky Luchki. He owns a bakery. His business has been running for 6 years. Demand for bread has always been high, which is why Anatoly’s business has flourished. Presently, he has about 40,000 UAH in working capital. His profit amounts to 5,000 UAH. Anatolyi has requested a loan of 8,000 UAH to purchase ingredients for his bakery. The ability to buy more inventory at low prices will give him the opportunity to increase his profits and continue developing a successful enterprise while improving his standard of living.