A loan of $750 helped to pay for perfumes to resell to customers.

Gohar's story

Gohar is from Vanadzor town and lives with her twin daughters. Her husband has migrated to Russia as a labour migrant in order to work there. He sends some money home to the family to take care of their needs. To tackle financial hardships, Gohar has been involved in the retail business for many years. She sells perfumes to local people from her house and in this way earns income to cover her family's daily costs.

Gohar is currently asking for this loan to purchase a new stock of perfumes to resell to her customers. She 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 traditional credit products. This loan is very important for Gohar and she hopes for lenders' support.

Loan details

Lenders and lending teams

Loan details