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Alla is involved in a shoe sewing business. She has been running her business successfully for about two years and, due to her hard work and kind attitude, Alla has gained many loyal customers.

Realizing that the profit from this business is very important for her family, she does her best to maximize her profits by acquiring shoes that are in high demand. Now Alla needs financial support to purchase shoe accessories for sewing. The loan is very important for Alla to start sewing shoes and to satisfy the current demands of her customers.

Alla lives with her husband, son and father-in-law. The loan will help her to continue the expansion of her shoe sewing business and to ensure better living conditions for 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
  • 152
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Alla to pay for shoe accessories for sewing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Mar 22, 2013
Currency Exchange Loss:
Nov 17, 2014