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Nvard
Nvard S. lives in the village of Sarukhan, in the Gegharkunik region, with her husband, father-in-law, mother-in-law, and daughter. Nvard runs a business and sells shoes at the market. Her business demand is increasing and she would like to purchase new inventory to help develop her business.

Nvard is applying to SEF for a loan to purchase more shoes to sell. In the future, Nvard plans to expand her shoe business and increase her income.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nvard to purchase shoes to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2011
Listed
May 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013