A loan of $3,000 helped to expand and renovate the barn and to purchase a cow.


Manyak's story

Manyak is an experienced farmer from Masis village of the Ararat region. She lives with her husband, son, and brother-in-law. Manyak's son works in the police, but his salary is not enough to cover the family's needs. To be able to meet her family's needs, Manyak is engaged in cattle breeding, aviculture, and the cultivation of alfalfa, apricots and walnuts. Her husband and brother-in-law sell the agricultural products in the local market.

To continue running her agribusiness in a sustainable way, Manyak needs to make some investments. She needs a loan of USD 3,000 to expand and renovate the barn and to purchase a cow. She 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, Manyak was able to run her agribusiness in a sustainable way, ensuring that she will be able to cover the monthly payments of a loan. She 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. Manyak and her family will be thankful to all the lenders for helping them to maintain and develop their agribusiness.



Loan details


Lenders and lending teams




Loan details