A loan of $2,000 helped to pay for pigs, oxen, and forage for feeding the livestock.

Susanna's story

Susanna is from Dalarik village, in Armavir region. She lives with her mother-in-law and 20-year-old son. Her husband is a migrant worker. Susanna, with the help of her son, has been involved in agribusiness. She runs a farm that includes a cow, 30 chickens, and land that she owns, where she cultivates tomato and watermelon.

Susanna's husband helps her family financially from time-to-time, but for tackling financial hardships agriculture is the main source of the family's income. Now, Susanna asks a loan for being able to purchase pigs, oxen, and forage for feeding the livestock. Susanna has already taken a loan from a local financial institution before, but unfortunately wasn't able to pay it back. However, thanks to the hard work during more recent times, Susanna has been able to run her agribusiness 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 other credit products. The loan will be a huge support for this hard-working woman.

Loan details

Lenders and lending teams

Loan details