Awards Manufacturing Family Selling Market Shop Online Rapid

Investment & Fund Management

European Investment Fund Partner

Full Credential Description

Alina had been working as a manager for an online award manufacturing business in Šiauliai for a year and aspired to open her own family business focused on making and selling awards. The existing company supplied local schools, sports teams, dog shows, and village fete organizers with awards for various positions and was well-known in the Šiauliai region for its colorful trophies. Recognizing a gap in the market, Alina approached Šiauli? Bankas AB to secure a loan to establish her own business.

Within a few weeks, Alina received a micro-loan of EUR 15,930, which she used to purchase a new shop. This strategic move allowed her to sell directly to customers and expand her online trading. Her business experienced rapid growth, leading her to hire an additional staff member. Alina is now aiming to become the number one provider in the local market within the next few years.