A loan of $1,500 helped to pay for materials for furniture manufacturing.

Bagrat's story

Bagrat lives with his mother, brother, wife and two little children. A year ago Bagrat started up his furniture-making business. After this time of hard work, now he receives many orders and is able to sustain his family’s living.

Bagrat is the main breadwinner of the family so it is very difficult for him to cover his family’s needs and at the same time save money for his input costs of production. So he has applied for this loan for purchasing materials needed for the production of furniture. Bagrat 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 will be a great support for Bagrat and he hopes for lenders' support.

Loan details

Lenders and lending teams

Loan details