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Marine V. lives in Yeravan together with her two sons. Marine is a widow. She sells shoes and clothing. Marine wants to develop her business. With the requested loan, Marine plans to purchase more clothing and shoes to increase her working capital. With the loan’s help she will get more income and insure better living conditions for her children.

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
  • 168
    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 Marine to pay for clothes and shoes for resale.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 15, 2011
May 1, 2011
Currency Exchange Loss:
May 17, 2013