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Aida is a 49-year-old businesswoman from Yerevan. She is a head of the family of nine: Aida, her pensioner husband, two sons, two daughters-in-law, and three grandchildren. As a hardworking woman with initiative, Aida has started her business of selling clothing to have stable source of income and support her sons' young families. Aida would like to increase the variety of clothing for the coming spring and summer seasons to meet the clients' demand. For this reason she has applied for a loan to purchase the necessary clothing. This will help Aida to increase sales and get more income, which is important for her to sustain her family.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,109,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Aida to pay for clothing.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 24, 2012
Mar 6, 2012
Currency Exchange Loss:
Apr 5, 2012