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Mariam is engaged in retail. She imports women’s shoes and bags from abroad and sells from a rented booth at the city market. Trading is the family’s main source of income. Mariam has to renew the stock regularly, and that requires additional financial investment. With the loan’s help Mariam will be able to increase the trade, meet clients’ demands and sustain her family.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mariam to pay for shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2011
Aug 1, 2011
Currency Exchange Loss:
Jul 26, 2012