Aug 10, 2016

2 more low income women get business loans to improve their businesses

Borrower of FSWW
Borrower of FSWW

Thanks to our donors through Global Giving since May 2016, 2 more women in Eskisehir was able to get loans to invest in their micro businesses.

N.S. is married and is taking care of her 2 children and her elderly mother. Even though she worked before she got married, she stopped working after marriage. With her entrepreneurial soul and social character, she started to sell nutrition and cosmetics products to her relatives and friends. She took a loan to buy the products in bulk to increase her profit margin. She was provided with a loan of USD 300 that she will pay back in 24 weeks.

N.K. has been producing gift boxes for the last 10 years. Although she was doing her business from a shop she rented, she had to close it down due to economic problems and continued to do her business from home. She applied for a loan to buy production materials in bulk and she was provided with a loan of USD300 to be paid back in 24 weeks.

Since June 2015, KEDV raised a total of USD 3.510 through 55 donations through Global Giving and disbursed loans to 9 low income women for their micro businesses and gave financial literacy training to 15 women in addition to these 9. We still have a long way to reach our target of USD 70.000 to be able to support 200 low income women entrepreneurs. We would be grateful if you could continue to spread the word and share the project link in your networks.


Warm regards…

May 12, 2016

Another low income women supported

Borrower
Borrower

Thanks to our donors through Global Giving since February 2016, 1 more women in Eskisehir was able to get basic financial literacy training and a loan to invest in her micro business.

M. is a primary school graduate, is married and has 3 children. She started to raise animals in the village after she was 50 and needed a micro loan to buy a goat. She was provided with a loan of USD 270 that she will pay back in 24 weeks. She will produce cheese and yoghurt from the goat’s milk and sell them in addition to the milk of the goat.

Since June 2015, KEDV raised a total of USD 2.900 through 47 donations through Global Giving and disbursed loans to 7 low income women for their micro businesses and gave financial literacy training to 15 women in addition to these 7. We still have a long way to reach our target of USD 70.000 to be able to support 200 low income women entrepreneurs. We would be grateful if you could continue to spread the word and share the project link in your networks.


Warm regards…

Feb 18, 2016

Loans to support micro businesses of 4 more low income women

Thanks to our donors through Global Giving since November 2015, 4 more women in Kocaeli were able to get basic financial literacy trainings and loans to invest in their micro businesses.

Among the 4 women, G. is a high school graduate, is married and has 2 children. She has been running her own business from her small shop and needed a micro loan to have visual marketing materials produced for her business. She was provided with a loan of USD 275 that she will pay back in 24 weeks. N. is also a high school graduate, is married and has 1 child. She applied for a loan to buy women clothes to sell in her neighborhood. She received a loan of USD 275 that she will pay back in 24 weeks. S. went to school for 5 years and finished primary school. She is married and has 1 child. She wanted to borrow a loan to buy wholesale cleaning products to sell from her home. She received a loan of USD 480 and she will pay it in 36 weeks. H. is also primary school graduate, is married and has 2 children. She is a sales representative of a direct sales company and wanted to invest in her business by buying wholesale discounted products. She applied for a loan of USD 620 that she will pay back in 36 weeks. All the loan applicants first received basic financial literacy training prior to receiving their loans and they will be able to apply for a repeat loan once they fully repay their loans if they want to further expand their businesses.

Since June 2015, KEDV raised a total of USD 2.630 through 39 donations through Global Giving and disbursed loans to 6 low income women for their micro businesses and gave financial literacy training to 15 women in addition to these 6. We still have a long way to reach our target of USD 70.000 to be able to support 200 low income women entrepreneurs. We would be grateful if you could continue to spread the word and share the project link in your networks.

Warm regards…

 
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