A loan of $2,000 helped to pay for ferilizer, seeds, and forage for the livestock.

Karine's story

Karine is from Sarakap village in the Shirak region. She lives with her husband, mother-in-law and two school-age children. Karine and her husband have been involved in agriculture for many years. They keep livestock, including chickens, pigs, piglets, cows and calves, in addition to cultivating wheat. Karine uses the milk for cheese production and her husband sells it along with the gathered harvest in nearby open markets.

Now, in order to improve their agribusiness, Karine asks for this loan. The loan will help her to purchase fertilizer, seeds and forage for the livestock. As this is Karine'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 didn’t have access to credit products before because they have no credit history.

The loan is very important for Karine and her husband to improve their farm and gather more income for their children.

Loan details

Lenders and lending teams

Loan details