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Lilik is a teacher and lives with her husband, who is a doctor, two sons, who are both economists, and their wives and children. Altogether, there are 8 people living in her home.

Lilik has been running a shoe business in a busy market since 1999. She has high demand for new shoes, so she decided to purchase more from local shoemakers and also from China.

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
  • 136
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Lilik to buy more shoes to sell.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 18, 2011
Feb 24, 2011
Currency Exchange Loss:
Apr 17, 2013