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Loreta was born in 1968 in the city of Kapan. Loreta is married and has two daughters. Loreta's younger daughter is married and lives separately from her parents. Loreta's husband is a construction worker and is away in Russia earning money.

Loreta has been selling clothing since 2009. Right now Loreta rents a stall at the market in her native city of Kapan and sells clothing that she brings monthly from the wholesale markets in Yerevan and neighboring countries. Her older daughter, who is a financial analyst helps her with her business. After many years of selling clothing Loreta has a lot of regular customers who prefer to buy clothing and shoes for their families from Loreta's store. In small cities like Kapan it is very difficult for women to find job and to take care of their families and Loreta is very happy that she can handle these difficulties on her own, but as she admitted without her husband's help, who works abroad, she would not have been able to manage.

Kapan is one of the southernmost cities in Armenia and there is almost no spring there, starting in April it is already summer weather there and this is why Loreta decided to purchase a large lot of clothing from Yerevan a little bit earlier. Loreta is asking Kiva lenders for a loan of 2,400 US dollars for the purchase of women's, men's and children's clothing, sleeping attire and shoes for resale in Kapan.
View original language description ↓
Лорета родилась 1968. в городе Капан . Лорета замужем и имеет двух дочерей,младшая дочь Лореты замужем и живет отдельно от родителей.
Муж Лореты строитель и находится на заработках в России.
Лорета с 2009 года занимается продажей одежды. Сейчас Лорета арендуе помещение на ярмарке в родном городе Капан и продает одежду которую раз в месяц привозит с оптовых рынках Еревана и соседних стран. В бизнесе ей помогает старшая дочь которая финансист по специальности. За эти долгие годы работы в сфере продажы одежды у Лореты уже есть множество постоянных клиентов которые предпочитают купить одежду и обувь для всей семьи с магазина Лореты.
В таких маленьких городах как Капан очень трудно женщинам найти работу и заботится о семье и Лорета очень счастлива что может сама справится с этими трудностями,но как она призналась без помощи мужа который работает за рубежом она бы одна не справилась.
Капан один из самых южных городов Армении и там практически не бывает весны и с апреля месяца там уже летняя погода, и по этому Лорета решила привезти крупную партию летней одежды из Еревана чуть раньше.Лорета просит от кредиторов Кива кредит на сумму 2,400 Американских долларов для покупки женской, мужской и детской одежды,спальный пренодлежностей и обуви для перепродажи в Kапане.

Additional Information

About “Nor Horizon”

“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.

For more information about “Nor Horizon,” please visit the partner page or website.

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About Armenia

  • $6,300
    Average annual income
  • 126
    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 $2,400 helped Loreta to buy a large lot of men’s, women’s and children's summer clothing and shoes for resale in her stall in Kapan city.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Mar 24, 2013
Apr 25, 2013
Currency Exchange Loss:
Mar 17, 2014