A loan of $2,000 helped to purchase cellophane and cables for building a greenhouse for plant cultivation and to buy potato seeds.


Edik's story

Edik is an experienced agronomist from Aragats village of the Armavir region. He lives with his daughter. To take care of his family's needs, Edik is engaged in cultivation of potatoes, cucumbers and greens. He sells the agricultural products in the local market, which is the only source of the family's income. To continue running his agribusiness in a sustainable way, Edik needs a loan of USD 2,000 to purchase cellophane and cables for building a greenhouse for plant cultivation and to buy potato seeds. He has already taken a loan from a local financial institution before but unfortunately wasn't able to return it back. However, thanks to hard work during the recent times, Edik was able to run his agribusiness in a sustainable way, ensuring that he will be able to cover the monthly payments. He 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. Edik and his daughter will highly appreciate the lenders support and will be thankful to them for their good will.



Loan details


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Loan details