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Armine is a 32-year-old trader from Yerevan. She trades clothing from a rented booth in the city market. Armine started this business five years ago.

Armien lives with her father, a constructor; her mother, a housewife, and her brother, a businessman.

Now she needs investments to add new inventory and offer a larger variety of clothing for her clients. This loan will help Armine to implement this goal by purchasing clothing to develop her business further.

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
  • $14,083,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armine to purchase more clothing.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Mar 19, 2012
Apr 7, 2012
Currency Exchange Loss:
Apr 16, 2014