Funded

Total loan: $1,000
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Gyulnara


A loan of $1,000 helped to purchase two more calves for her farm.


Gyulnara's story

Gyulnara is a mother of five sons. Her eldest son and her second one are migrant workers in a neighboring country. They left their mother with the hope of finding well paid jobs and financially sustaining their family.

Gyulnara and her other three sons are villagers. They run a farm which includes two cows, pigs and piglets, as well as a plot of land where corn and potatoes are cultivated.

Gyulnara is a very hardworking woman who has faced many difficulties in raising her five sons alone. She has now applied for this loan of USD 1000, asking financial support from Kiva lenders. The loan will greatly assist her to purchase two more calves for her farm. Gyulnara has taken a loan from local financial institutions before, but because of very difficult financial conditions, wasn't able to pay it back on time. She has 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.



Loan details

Loan length:

38 months
Disbursed date: April 1, 2014
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

38 months
Disbursed date: April 1, 2014
Facilitated by Field Partner: SEF International