A loan of $1,800 helped to pay for materials and tools for pasta production and renovation of the machinery.


Donara's story

Donara lives in Eghegnadzor town with her husband, mother-in-law and two school-aged children. Donara, together with her husband, started pasta production two years ago. She and her mother-in-law produce different types of pasta and her husband distributes and sells it. As they are the only producers of pasta in the whole Eghegnadzor town, Donara would like to enlarge and improve their business. She has applied for this loan of USD 1800 to purchase materials and tools for pasta production and to pay for renovation of the machinery of production.
Donara has already taken a loan from a local financial institution in the past, but unfortunately wasn't able to repay it. However, thanks to hard work during recent times, Donara has been able to run her production 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 credit products. Donara and her family will be thankful to all the lenders for helping them to maintain and develop their business.



Loan details


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Loan details