Check out some available loans that are similar to this one!
Nelli
Nelli lives with her husband in Kapan town. She is a skilled doctor with many years of experience working at a local clinic. Due to her hard work and kind attitude toward people, Nelli also provides nursing services for people in nearby villages.

Now, as the demand for her service is increasing, she needs to have sufficient tools for being able to provide full services from her house. Nelli asks for this loan in order to purchase medical tools.

She has has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products.

The loan will greatly assist Nelli in continuing to provide nursing services and to help people whenever they need it.

Additional Information

More information about this loan

This loan is part of SEF's startup pilot project to benefit borrowers working in Armenia's non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.

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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 124
    View loans »
    Armenia Loans Fundraising
  • $12,840,150
    Funds lent in using Kiva
  • 405.7
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Nelli to pay for medical tools to provide nursing services.
65% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible