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Svetlana is an entrepreneur from Yerevan. She has been trading with (selling) clothing and women's bags for four years. Svetlana has applied for a loan to increase her clothing stock. Svetlana aims to increase her sales by selling winter clothing, as it is in great demand in connection with the unexpected cold weather.

This loan will help Svetlana to expand her business and get more income, which will help her to insure better living conditions for her daughter.

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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Svetlana to pay for clothing to sell.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Jan 1, 2012
Currency Exchange Loss:
Aug 28, 2015