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Karine M. is married with 2 children. She has been in the clothing and shoe trading business since 1998. Karine works from a rented trading booth at one of the city markets. She has applied for this loan in order to be able to purchase new clothing and shoe inventory.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Karine to purchase new shoe and clothing stock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 1, 2010
Sep 9, 2010
Currency Exchange Loss:
Jul 15, 2011