To continue running her agribusiness in a sustainable way, Anahit needs to make some investments in it. She particularly needs a loan of USD 2,000 to purchase fertilizers, some forage for the livestock, and tree layers. The loan will help her greatly to maintain and develop her agribusiness.
As this is Anahit’s first loan, it has been approved within the framework of the new joint initiative between Kiva and SEF. The first-chance loan program provides loans to people who don't have access to credit products before because they have no credit history. The family will be very thankful to the lenders for their goodwill and support in collecting the needed loan.
More information about this loan
This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.
About SEF InternationalSEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.
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Success!! The loan was 100% repaid