A loan of $3,000 helped to purchase forage for the livestock (barley, grass, and sawdust) and to buy some fertilizer.

Gyulvard's story

Gyulvard is a farmer from Amasia village of Shirak region. She lives with her husband and two sons. Her husband and eldest son work in the private sector, and her youngest son works in a rescuing service. Their salaries, however, are so low that they cannot afford their living expenses based on those salaries alone.

To help her family in earning meet their living expenses, Gyulvard is engaged in cattle breeding, in breeding a livestock of sheep, in aviculture (birds), and in cultivation of wheat and barley. Her husband and sons sell the agricultural products in the local market. Agribusiness is an important source of the family's income. To sustain her agribusiness Gyulvard needs a loan of $3000 USD to purchase forage for the livestock (barley, grass, and sawdust), and to buy some fertilizer.

As this is Gyulvard’s first loan, it has been approved within the framework of the new joint initiative of Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products before, because they have no credit history. The family will be very thankful to the lenders for the goodwill and support.

Loan details

Lenders and lending teams

Loan details