Total loan: $2,450


Vedi town, Ararat region, Ararat Province, Armenia / Education

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A loan helped to pay for renovation of the work room and to buy chairs and a table.

Nare's story

Nare is an English-language teacher living in Vedi town with her father and brother. She works at a local school and also provides individual classes to students from her house. In the small work room in her house, Nare receives students who want to learn English. She is a very nice and hardworking teacher for her students. The requested loan is highly important for Nare to be able to renovate her work room and to purchase chairs and a table. As the new academic year starts, Nare wants to improve her room and provide better conditions for her students. 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.