A loan of $1,250 helped to purchase new cosmetics to sell.


Varya's story

Varya is married with two little daughters. She lives in Vanadzor town and is engaged in the sale of cosmetics. She purchases her stock of cosmetics from Yerevan and resells it in Vanadzor town. Varya has been involved in this activity for over four years and has a large number of customers and orders. Because of her family's increasing expenses, Varya now isn't able to purchase a new stock of cosmetics to sell it to her customers. That's the reason she has applied for this loan. Varya 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. The loan is very important for Varya as she is involved in this business with great love and care and she hopes for the lenders' support.



Loan details


Lenders and lending teams




Loan details