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Narine trades in clothing from a rented booth in the city market. Narine would like to increase the variety of clothing to meet her clients’ demands. With the requested loan, she plans to purchase more clothing to sale. Narine will increase her working capital and develop her business further. Additional income will help Narine to pay for her student son’s education. Narine lives together with her pensioner mother, husband and son.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Narine to buy more clothing to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 1, 2011
Aug 1, 2011
Currency Exchange Loss:
Feb 17, 2012