A loan of $750 helped to pay for tools and materials needed for his stone manufacturing business.

Valeri's story

Valeri is from Vahagni village, Lori region, where he lives with his father, wife and two children (ages 8 and 6). Valeri has already been involved in the stone manufacturing business for five years. Over years of hard work, Valeri was able to sign a number of contracts with companies who purchase the stones that Valeri produces and manufactures.

Currently because of high costs, Valeri isn't able to purchase tools and materials needed for production. He is asking for this loan and hopes for lenders' support. Valeri 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 Valeri to be able to continue his business and improve his family's living conditions.

Loan details

Lenders and lending teams

Loan details