Funded

Total loan: $750
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Andranik


A loan of $750 helped to pay for supplies for his business.


Andranik's story

Andranik is 46 years old. He is married, has a 20-year-old son, and lives with his family in the Yeghegnut village. Andranik became the only breadwinner of the family when his father died. He has been providing electrician services for 5 years already. Due to his hard work Andranik has gained many customers who are using his service and are very satisfied.

Currently Andranik needs some financial support for purchasing supplies for his business. He has requested this loan within the framework of a joint program between Kiva and SEF. 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 loan is very important for Andranik to be able to continue his business and sustain his family's living.



Loan details

Loan length:

21 months
Disbursed date: July 22, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: July 22, 2013
Facilitated by Field Partner: SEF International