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Armine K. is married and lives with her mother-in-law. Both Armine and her husband are university graduates, but as they were unable to find a job in their fields, they have started their own business. Armine has been in the clothing trade business since 2004. Her husband helps her by taking care of the bookkeeping. Armine has applied for the loan to purchase autumn clothing stock.

Additional Information

About SEF International

SEF’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.

About Armenia

  • $6,300
    Average annual income
  • 167
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armine purchasing autumn clothing stock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 8, 2010
Nov 1, 2010
Currency Exchange Loss:
Nov 15, 2012