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Armine is a young entrepreneur from Lanjazat village. She runs a hairdressing salon. Armine started her business a few months ago and during this period has attracted a large number of clients due to the quality of her services.

Armine needs to add new equipment to her salon in order to serve all her clients. With the requested loan, she plans to purchase new hairdressing equipment. This loan will allow Armine to increase her income and develop the business further.

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
  • 140
    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 Armine buy hairdressing equipment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 8, 2011
Dec 5, 2011
Currency Exchange Loss:
Dec 20, 2013