Because her farm needs some financial investments, Hasmik requested her first loan, which she will use to purchase seeds and fertilizer and cover cultivation costs. This loan will be a big support for her farming business and 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 did not have access to credit products in the past because they have no credit history.
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