A loan of $2,500 helped to pay for medication to sell in her small pharmacy.


Elmira's story

Elmira is nice woman from Yerevan. She lives with her children (ages 17 and 13 years old) and retired mother.

Elmira is a pharmacist by profession. In one of the supermarkets, Elmira rents a small pharmacy where she sells different medications. She meets all the licensing requirements, and provides high quality service to her clients. To be able to purchase a new stock of medication for her pharmacy, Elmira needs financial support.

She took a loan from a local financial institution before, but unfortunately wasn't able to pay it back. However, thanks to hard work during recent times, Elmira was able to run her pharmacy business in a sustainable way, ensuring that she will be able to cover the monthly payments.

So, 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.
This loan will greatly assist Elmira to sustain her pharmacy and make it more profitable.



Loan details


Lenders and lending teams




Loan details