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Hripsik M. is a widow living with her son and daughter. She is a hardworking and enthusiastic woman. Hripsik’s family shares their living space with her sister and mother-in-law. Hripsik has been successfully running a beauty salon since 2009. Both Hripsik’s children help their mother in running the business. To create comfortable conditions and meet her clients' needs Hripsik needs to purchase some necessary beauty salon equipment and install air conditioning.

Additional Information

About SEF International

SEF’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.

About Armenia

  • $6,300
    Average annual income
  • 116
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Hripsik beauty salon equipment and air conditioning installation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 22, 2010
Jul 22, 2010
Currency Exchange Loss:
Jan 15, 2011