A loan of $1,500 helped to pay for paper and cover printing costs.

Gor's story

Gor lives in Yerevan with his mother. For many years, Gor has been earning his living by preparing paper bags and selling them. Over these years of hard work, Gor has already gained a good client base that order paper bags only from him. Because of his family's difficult financial condition, Gor currently isn't able to purchase paper and cover printing costs. He asks for this loan to be able to purchase his required amount of paper and cover printing costs, which will give him an opportunity to complete his clients' orders.

Gor 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 easy conditions to informal businesses that do not have access to credit products. Gor hopes for lenders' support and will be very grateful to them for their help.

Loan details

Lenders and lending teams

Loan details