A loan helped to buy bigger a gas cooker for making cakes, a larger fridge for storing them, and some other equipment and materials needed for delivering tasty and fresh cakes to her customers.


Yevgine's story

Yevgine is from Taperakan, a village of Ararat region, where she lives with her mother. She makes cakes and different sweets and also provides designing service for special events. Yevgine works day and night, and due to her talent, she is in high demand in the village and nearby regions and is receiving many orders. Yevgine requested this loan to purchase a bigger and more powerful gas cooker for making cakes, a larger fridge for storing them, and some other equipment and materials needed for delivering tasty and fresh cakes to her customers. She has 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 soft conditions to informal businesses that do not have access to credit products. This investment in her business will give Yevgine an opportunity to develop the variety of services she provides to her clients and earn more profit for her and her mother.


This loan is special because:

It supports informal business owners that have fewer opportunities.



Loan details


Lenders and lending teams




Loan details