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Marine is a young retailer from Yerevan. She sells clothing from a rented booth in the city market. Marine lives with her mother, father (who is a construction worker) and three brothers, who are students. Trading is an important part of the household's income and it helps to pay for Marine's brothers' education. Marine plans to increase her sales and bring in more income. For this reason, she plans to purchase clothing. Development of the business will help Marine to cover the family's costs and insure a more stable future for them.

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
  • 130
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Marine to pay for clothing.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jan 24, 2012
Feb 1, 2012
Currency Exchange Loss:
Aug 17, 2013