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Narine is 51 years old. She runs a little shop where she makes and sells fast food. Narine works hard to keep the high quality of the food and services she offers, and due to this she has made the shop competitive among other fast food shops around.

Narine has applied for this loan to increase her variety of services. She plans to purchase a piece of special equipment to make chicken, as well as a machine for making ice cream. This will help Narine to develop her business by increasing sales and earning more income. This business is vital for Narine to improve her household conditions and also to support her brother's family, who live apart.

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 $2,300 helped Narine buy equipment to make food.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 27, 2012
Mar 13, 2012
Currency Exchange Loss:
Apr 16, 2014