Total loan: $1,300


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Goris, Syunik Province, Armenia / Agriculture

Karine's loan finished fundraising,
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A loan helped to purchase a cow and a pig.

Karine's story

Karine is an experienced farmer from Goris city of Syuniq region. She lives with her husband, son, and daughter-in-law. Her husband renovates cars, and her son works in the private sector. They are the main breadwinners of the family working really hard struggling for living. To assist her family members in earning a living Karine is engaged in cattle breeding and in breeding a livestock of piglets. She sells the agricultural products in the local market, which is an important source of her family's income. To sustain her agribusiness and develop it further Karine needs a loan of USD 1300 to purchase a cow and a pig. As this is Karine’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. She and her family highly rely on the goodwill of the lenders and will be very thankful to them for their support.