A loan of $1,500 helped to pay for goods (cutural items, pictures) to sell to customers.

Babken's story

Babken is from Yerevan town where he lives with his mother. It has been already a year since Babken started earning his living by reselling different goods online. Babken puts the products on his webpage, and mostly sells cultural products.

Over this year of hard work, Babken already has 35 followers who prefer to order goods only from him. Realizing that the income he gets from this business is important for family's living, this enthusiastic young man needs financial support. He asks for this loan to be able to purchase new stock of goods (cutural items, pictures) and fulfill the orders.

Babken has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products.

The loan is very important to Babken to continue his online business activity, and he hopes for lender's support.

Loan details

Lenders and lending teams

Loan details