A loan of $1,000 helped to pay for clothing to sell to customers and to buy watermelon.


Martun's story

Martun is from Vanadzor town where he lives with his wife (in the photo) and three children (in the photo). Martun and his wife have been involved in the retail business for four years already. Martun sells fruits and vegetables and his wife sells clothing and other accessories from their home. Both Martun and his wife are very honest and hardworking, and this is a reason why they have many local customers who prefer to purchase goods only from them. Now, for enlarging the stock that Martun and his wife are selling, Martun needs financial support. He has requested this loan for purchasing clothing and watermelon. Martun plans to take watermelon to market and resell it there. Martun has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. So, the support of lenders is very important for this family to be able to increase their retail business and improve their living conditions.



Loan details


Lenders and lending teams




Loan details