A loan of $1,500 helped to pay for a new stock of products to sell to stores.

Samvel's story

Samvel is married and lives in Vanadzor town with his wife.

Samvel has a delivery business; he purchases different products (food, housing products, etc.) and sells them to small local stores. Due to his hard work and good attitude towards people, Samvel has a large number of customers who order products only from him.

Now Samvel needs financial support to purchase a new stock of products, and to cover new orders. He 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 Samvel to be able to continue and expand his business. The good income is very important for this young family.

Loan details

Lenders and lending teams

Loan details