A loan of $2,500 helped to purchase new goods to resell in her store.


Laura's story

Laura is a private entrepreneur from the Miasnikyan village of Armavir region. She lives with her son and her school-age daughter. It's already more than 8 years since she runs a local store, where she sells grocery products and household goods. To be able to continue running her business in a sustainable way, Laura needs a loan of USD 2,500 to purchase new goods to resell in her store. The latter will help her to become more competitve. She has already taken a loan from a local financial institution, but unfortunately wasn't able to repay it back. However, thanks to her hard work during the recent times, Laura has been able to run her business in a sustainable way, ensuring that she will be able to cover the monthly payments. So, she has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The second-chance loan program provides loans to people who have a bad credit history and have no access to credit products. Laura and her family will be thankful to all the lenders for helping them to maintain and develop their small business.



Loan details


Lenders and lending teams




Loan details