As life is getting more expensive day by day, Ruzanna wants to expand her agribusiness to be able to make ends meet. A loan of USD 1000 will be a great support to this hard-working woman and her family, enabling her to purchase pigs. As this is Ruzanna’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 didn’t have access to credit products before, because they have no credit history. Ruzanna and her family highly rely on the good will of the lenders and will appreciate their support in collecting the needed amount for the loan to maintain and develop 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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