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Susanna lives in Yerevan with her parents, sister and brother. She trades in clothing in the city market. Clothing sales help Susanna to sustain her family and pay for her student brother's and sister's education. Susanna has applied for this loan to enlarge her business. She plans to increase the variety of clothing and meet client demand. This loan will help Susanna to increase the sales and make savings with additional income, which she plans to invest in further development of her business.

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
  • 135
    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 Susanna to pay for clothing to resell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 9, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 17, 2014