Total loan: $1,500
Kapan, Syunik region, Syunik Province, Armenia / Clothing
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A loan helped to pay for a new stock of clothing to sell to customers.
Anush is from Kapan town, where she lives with her husband. Anush's husband works in the army and Anush herself has been involved in a retail business. She has been selling clothing for four years already. The income that she gathers helps her husband to sustain the family's living. Due to Anush's kind and good attitude toward her clients, people prefer to purchase clothing from her. Now, by asking for this loan, Anush would like to purchase a new stock of clothing in order to be able to cover current demand. Anush 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 be a huge support, helping this hard-working woman to continue her business and gather more income for her family.