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Olga H. lives in Yerevan with her daughter who is a student. She has been engaged in the clothing trade since 2003. Olga rents a premise in the city and trades in women’s clothing, which is the family’s main source of income. To continue doing business, Olga needs to purchase clothing stock, and this loan is taken for that purpose. Olga’s income covers the family’s needs and her daughter’s university fees.

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
  • 112
    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 Olga to purchase more clothing to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 14, 2011
May 5, 2011
Currency Exchange Loss:
May 17, 2013