100%

funded

Total loan: $625

Sona

Flag of Armenia
Kapan, Syunik region, Syunik Province, Armenia / Retail

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A loan helped to pay for cosmetics supplies to cover customers' orders and earn profit for the family.


Sona's story

Sona has traded in cosmetics since 2012. She is teacher by profession, working at a local school in Kapan town. Besides her work as a teacher, Sona also receives orders from her customers and provides them a large variety of cosmetic products. She has now applied for this loan to purchase new supplies to cover customers' orders and earn profit for the family. Sona is a mother of a 14-year-old son and lives together with her mother and son. She is a proud mother and does her best to sustain the family's living. Sona has now been approved for a loan within the framework of the 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.