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Sonya S. was a math teacher. She is a mother and grandmother of three. Because a teacher’s salary in Armenia is extremely low, Sonya had to undertake a trade to help her family survive after her husband’s death. Sonya sells women’s clothing. She understands her clients’ demands and always tries to satisfy their needs.

She has applied for a loan to bring in new inventory which will be very popular for the holiday celebrations. Her daughter-in law will be helping her during this busy season and, in the future, when Sonya expands her business.

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
  • 173
    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 Sonya to buy new clothing to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 17, 2010
Jan 1, 2011
Currency Exchange Loss:
Jun 16, 2011