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Amalya
Amalya lives in Kapan with her husband.
She is hairdresser with five years of experience working at a local beauty salon.

Amalya is a very hard-working and talented woman who has a number of loyal clients. She has applied for this loan to be able to purchase tools and materials needed for her work as a hairdresser.

She has 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.

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.

About Armenia

  • $6,400
    Average annual income
  • 129
    View loans »
    Armenia Loans Fundraising
  • $12,919,250
    Funds lent in using Kiva
  • 414.1
    Armenia Drams (AMD) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Amalya to pay for tools and materials for providing hairdressing services.
96% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015