Anna Arakelyan

Status: Paying Back

$1,100.00		Loan Amount

33% repaid

About the Entrepreneur

Name:	Anna Arakelyan
Location:	Yerevan, Armenia
Activity:	Clothing Sales

About the Loan

Loan Amount:	$1,100.00
Loan Use:	Buying modern ladies' autumn clothing to resell
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Aug 15, 2009
Date Disbursed:	Aug 14, 2009
Date Funded:	Aug 15, 2009

About the Field Partner

Field Partner:

Nor Horizon Universal Credit Organization Limited Liability Company

Field Partner Risk Rating:

(Learn more)

Pilot

3 months

$49,950

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Armenia
Avg Annual Income:	$6,400.00
Currency:	United States Dollars (USD)

Anna Arakelyan is 32 years old and married. Her husband is a taxi driver. She has two sons: the older one is nine, and the younger one is an infant. Anna’s business consists of selling clothes at the trade fair. She keeps working at this business even though her child is only 2 months old, and her sister takes care of the baby. She needs a loan of $1,100 to expand her trade by buying modern ladies' autumn clothing to resell.

Lenders to this entrepreneur

Illan
Tarzana, CA
United States

Laurie
Edmonton, Alberta
Canada

Elizabeth
Cave City, KY KivaFriends.org
United States

Conor
Dublin,
Ireland

Margie
KivaFriends.org, Fallon, NV
United States

lenka and milan
bronx, NY
United States

Barbara
Santa Barbara, CA
United States

Greg and Clare
Bradford, PA
United States

Dan & Wanda
Aurora, IL
United States

Vítor
Almada,
Portugal

David Margaret & Nicola
Kingston, Ontario
Canada

Jim
Colorado Springs, Colorado
United States

dan & charla
Louisburg, NC
United States

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Donn and Pat
Santa Rosa, CA
United States

Patricia
San Francisco, California
United States

Victoria
Oshkosh, WI
United States

CherylS
kivafriends.org, Littleton, NC
United States

Dolphine
Kivafriends.org,
United States

Breianne
Long Beach, CA
United States

Bob
East Lansing, MI
United States

Karen
Scottsdale, AZ
United States

Sniveling P. Whiplash
Darwin, Kansas
United States

Kerry
kivafriends.org, SF Bay Area, CA
United States

Linda and me
Singapore,
Singapore

Margaret
Worthington, MN
United States

Jerome
Augusta, GA
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Colette
Norman, OK
United States

Lily
KivaFriends.org Sartell, MN
United States

Gillian
New York, NY
United States

Barbara & Thom
Moore Haven, FL
United States

Molly
Abbotsford, Victoria
Australia

David
KivaFriends.org, Evansville, IN
United States

Sherron
New York, NY
United States

the Kirks
Charlotte, NC
United States

Chaos Girl
Los Angeles, CA
United States

Bettina
St. Ann, MO
United States

Lynda
kivafriends.org, Orange, CA
United States

Karoline
KivaFriends.org, Hønefoss,
Norway

Kuns Family
Glendale, CA
United States

Jennifer
Joshua Tree, CA
United States

Bob Harris
Los Angeles, CA
United States

Jeremy
Manlius, NY
United States

Top Lending Teams for this entrepreneur

LOTUS: Lend Out To Uplift Self-sufficiency
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664 Members

A-Tisket A-Tasket
Friends
38 Members

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
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7014 Members

Kiva Christians
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3088 Members

Crazy Canucks
Local Area
712 Members

Journal entries for Anna Arakelyan

Loan has been disbursed Entrepreneur: Anna Arakelyan Location: Yerevan, Armenia Thank you for your loan. It has been disbursed to Anna Arakelyan by “Nor Horizon” Universal Credit Organization Limited Liability Company in Armenia. We are excited to watch this business grow. Over the 6 months of this loan, “Nor Horizon” Universal Credit Organization Limited Liability Company will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Yerevan, Armenia Aug 16, 2009
Comment on this entry

Anna's Business is Going Well Entrepreneur: Anna Arakelyan Location: Yerevan, Armenia Anna Arakelyan has used her loan to buy dresses, blouses and skirts from Turkey to sell at the “Russia” fair in Yerevan. After receiving this loan she rented a second place at the fair, right in front of her current one. Anna spent part of her profit to provide for her three-month-old son. In October Anna has planned to go back to Turkey in order to change the clothes’ assortment to autumn ones. In the photo, you can see Anna making her first repayment at the Nor Horizon office in Yerevan. Currently Fundraising Loans: http://www.kiva.org/app.php?page=businesses&queryString=&status=fundRaising&gender=All§ors[]=All®ions[]=Eastern+Europe&sortBy=Popularity Armenia Lending Team: http://www.kiva.org/team/armenia
Posted by Yana Sargsyan from Yerevan, Armenia Sep 14, 2009
Comments (1)

Repayment Schedule for Anna Arakelyan

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	Expected Repayments	Actual Repayments	Comments
November 2009	$183.30	$184.00	Repayment Received
December 2009	$183.30	$182.60	Repayment Received
January 2010	$183.30	Available Jan 1
February 2010	$183.30	Available Feb 1
March 2010	$183.30	Available Mar 1
April 2010	$183.50	Available Apr 1