As the family's needs are growing day by day, Siranush wants to expand her agribusiness to be able to effectively cover her family's needs. A loan of $1,500 will be a great help to this hard-working woman and her family, enabling her to purchase four calves. As this is Siranush’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. Siranush and her family highly rely on the good will of the lenders and appreciate their support in collecting the needed loan.
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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