A loan of $1,250 helped to pay for a table, four chairs, and a projector.

Geghanush's story

Geghanush is a teacher with four years of experience teaching at a local school. She lives in Armavir with her husband and 6-year-old child.

As a teacher's salary is not enough for covering family's daily costs, Geghanush also provides private classes at her house. Due to her hard work, Geghanush's classes are much in demand, and people want their children to attend her classes. Unfortunately, in Geghanush's house the conditions are not sufficient, and she is hardly able to accept her pupils.

She has requested this loan so that she'll have an opportunity to purchase a table, four chairs, and a projector. She has now 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 highly important for Geghanush to be able to purchase tools specialized for her work.

Geghanush is very grateful to lenders.

Loan details

Lenders and lending teams

Loan details