To continue running her agribusiness in a sustainable way, Anahit needs a loan of 2,000 USD to purchase some forage for the livestock and buy fertilizers. As this is Anahit’s first loan, it has been approved within the framework of the new joint initiative of Kiva and SEF. The first-chance loan program provides loans to people who did not previously have access to credit products because they had no credit history. Anahit and her family rely on the goodwill of lenders and will be thankful to them for their support.
More information about this loan
This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.
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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Success!! The loan was 100% repaid