Seryozha is requesting a loan to purchase a new truck to deliver bread. He has not been able to save enough money because of his family’s daily needs. Seryozha’s request has been approved within the framework of a new joint initiative between Kiva and SEF international. This start-up loan program provides business start-up loans with soft conditions to informal businesses without access to credit products. His loan is very important for Seryozha and will help him to continue his delivery business. The support and help of lenders will be a huge benefit for Seryozha and his family.
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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This loan has been fully funded!