A loan of $750 helped to pay for new stocks of clothing for resale.

Lilit's story

Lilit is from the town of Spitak. She lives with her sisters' children as they have no family here. Lilit takes care of the kids by herself and works hard to sustain their living. To tackle their financial hardships, Lilit has been selling clothing for the past 3 years. She purchases clothing from a neighboring country and resells it from her home. Thanks to her hard work, Lilit manages to cover her family's basic needs and provide her cousins with appropriate living conditions.

To enable her to purchase new stocks of clothing for resale, Lilit needs financial support. She has been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The start-up loan program provides loans with soft conditions to informal businesses that do not have access to credit products. The loan is very important for Lilit, and she hopes that lenders will support her in her retail business.

Loan details

Lenders and lending teams

Loan details