Funded

Total loan: $1,225
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Azganush

Armenia
Gyumri, Armenia / Food Production/Sales

A loan of $1,225 helped to buy sugar, flour and margarine to make different pastry products.


Azganush's story

Azganush has already been involved in the production of pastry products for ten years. She is already very skilled and known among her local customers due to her tasty pastries. She sells the products at local shops and gets money which is vital for her family's living. Azganush lives with her husband and daughter who assist Azganush very much.

Now this hardworking woman needs financial support to purchase materials in bulk and keep them for the winter season. Since during the winter season the materials that Azganush needs for the production of pastry products are very expensive, she wants to purchase them and keep them. Now Azganush is asking for a loan. 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.

The loan is very important for Azganush to purchase sugar, flour and margarine. She will be very grateful to lenders for assisting her with her pastry production.



Loan details

Loan length:

26 months
Disbursed date: August 16, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: August 16, 2013
Facilitated by Field Partner: SEF International