Currently Andranik needs some financial support for purchasing supplies for his business. He has requested this loan within the framework of a joint program between Kiva and SEF. The Start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products.
This loan is very important for Andranik to be able to continue his business and sustain his family's living.
More information about this loan
This loan is part of SEF's startup pilot project to benefit borrowers working in Armenia's non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.
About SEF InternationalSEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.
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