Funded

Total loan: $2,625
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Svetlana

Armenia
Ijevan, Armenia / Retail

A loan of $2,625 helped to buy winter outerwear, household goods, and food for her market.


Svetlana's story

Svetlana was born in 1966 and lives in Ijevan city with her school-aged son. Svetlana's daughter is married and she lives separately from her mother.

Since 2005 Svetlana has run her own shop where she sells food, household goods and clothing. With the profit from her business she keeps her small family, supports her business, and also was able to buy a computer.

To increase her income, Svetlana intended to manage an Internet Club. Thanks to her first Kiva loan, she was able to buy two more computers. Her son has good computer skills so, after his lessons, he used to help his mother in her new occupation.

Svetlana says that trading business is more profitable than running an Internet club, so she decided to close her Internet club and to go on only with her trading business.

Now Svetlana is asking for a 1,000,000 AMD loan to buy winter outerwear, household goods and food for her market.



Loan details

Loan length:

32 months
Disbursed date: November 11, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

32 months
Disbursed date: November 11, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company