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Alla runs a hairdressing salon. She has been successfully running this business for past few years. Alla would like to renovate the salon's interior and provide services with more quality for her clients. With the requested loan, Alla plans to pay for the salon's renovation. An increase of the services' quality will help Alla meet her clients' demand and also attract new ones. Alla will increase her income and ensure a more stable future for her family. Alla lives together with her husband and two 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
  • 162
    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 Alla to pay for the salon's renovation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 22, 2011
Oct 1, 2011
Currency Exchange Loss:
Apr 17, 2013