So, Heghine and her father in law purchase cow's feet, clean it, keep in cold water in order to get rid of the bad smell and then sell them at local open markets. This meal is known among locals in Armenia as a nutritious winter food and its demand is especially high in the cold season. So, as the autumn is the starting season for eating "khash", Heghine needs financial support to be able to purchase cow's feet and meat and purchase plates and containers.
Heghine 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 very important for this hard working woman and she hopes for the lender's trust and support..
More information about this loan
This loan is part of SEF's startup pilot project to benefit borrowers working in Armenia's non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.
About SEF InternationalSEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.
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Success!! The loan was 100% repaid