As the family's needs are increasing day by day, Iskuhi wants to enlarge her agribusiness in order to be able to more effectively meet the family's expenses. A loan of $1,300 will be a great support to this hard-working woman and her family, enabling her to purchase two cows. As this is Iskuhi’s first loan, it has been approved within the framework of the new joint initiative between Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products before, because they have no credit history.
She and her family will be very thankful to all the lenders for their good will and support in collecting the needed loan to sustain their agribusiness.
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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