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Margo trades in clothing from a rented booth in the city market. Margo has applied for a loan to increase the variety of clothing. This loan will help Margo to increase sales and get more income. The latter will allow her to insure improved living conditions for her family. Margo lives with her son and daughter.

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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Margo to buy more clothing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 9, 2011
Jan 1, 2012
Currency Exchange Loss:
Sep 17, 2013