A loan of $1,225 helped to pay for a refrigerator and materials needed for her bakery.


Naira's story

Naira runs a small bakery in the center of Goris town. She has been making different types of cookies and cakes for five years already. Naira loves her bakery and makes cookies with great love and pleasure.

She lives with her husband who is employed in the private sector. Naira has now applied for this loan to be able to purchase needed tools and materials for her bakery.

The loan is important for her to purchase a refrigerator and materials needed for cake production. Naira has been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The start-up loan program provides business start-up loans, with soft conditions, to informal businesses that do not have access to credit products. She will be very thankful to lenders for their support and goodwill.



Loan details


Lenders and lending teams




Loan details