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Total loan: $1,500
Goris, Syunik Province, Armenia / Agriculture
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Elmira's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase a cow.
Elmira is an agronomist from the city of Goris in the Syuniq region. She lives with her husband and two daughters. To be able to meet the everyday needs of the family, Elmira is engaged in breeding livestock, particularly cows and sheep. Her husband helps her a lot in selling the agricultural products in the market. As life gets more expensive, the family's everyday costs are also increasing. Elmira now needs to enlarge the herd of livestock a little bit to be able to meet her family's needs more effectively. A loan of USD 1,500 will be a great support to Elmira and her family, helping them to purchase a new cow. This will give them more opportunities to develop their agribusiness. As this Elmira'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 have not had access to credit products before, because they have no credit history. The family will be very thankful to the lenders for the goodwill and support.