Hripsime herself runs a small design shop in the center of Gyumri town. She trades with a big variety of flowers and designing accessories. Hripsime is an enthusiastic and hard-working girl who does her best to support her family's living. The requested loan is very important for Hripsime to purchase supplies (flowers, design accessories) needed for her shop. 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.
Please help this young girl to continue her small business.
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 InternationalSEF’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.
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Success!! The loan was 100% repaid