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Sonik H. has been in sales since the 1990s. Currently Sonik is selling curtains, bed linens, and covers from a rented booth in “Petak” market. One of her two sons helps Sonik in running the business. Sonik is her hard-working family’s partner, leading her family members to sustainability. Sonik has applied for the loan to purchase new 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
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Sonik purchasing new stock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 12, 2010
Dec 3, 2010
Currency Exchange Loss:
Jan 16, 2013