Total loan: $900


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Stepanavan, Lori Province, Armenia / Retail

Narine's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase new stock of clothes and perfumes.

Narine's story

Narine is from Stepanavan town and lives with her husband and two school-age children. To tackle financial hardships, Narine has been involved in the retail business for many years.

She sells perfumes and clothes to local people from her house and in this way earns income to cover her family's daily costs.

Narine is currently asking for this loan to purchase new stock of clothes and perfumes to resell to her customers. She 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 traditional credit products.

This loan is very important for Narine, and she hopes for lenders' support.