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Hranush lives in Metsamor town with her family, including her parents, brother, sister-in-law and little cousin. About two years ago Hranush's family started their own business by renting a shop and starting a business, where they sell cosmetics, accessories and household goods.

Hranush has applied for this loan to purchase a larger variety of inventory for the shop. This will allow Hranush to earn more income from the business, which is vital for her family to meet their needs.

Hranush and her family plan to start their own shop without renting a premise. Additional income will allow her to fulfill this purpose.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,105,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Hranush to pay for inventory for the shop.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 31, 2012
Jul 6, 2012
Currency Exchange Loss:
May 17, 2014