A loan of $1,000 helped to pay for new stock of clothing for selling to her customers.

Arevik's story

Arevik is from Lernantsq village. She has been involved in a retail clothing business for three years already. She purchases new clothing stock from Yerevan and resells it in her village.

Arevik lives with her husband and two children and does her best to cover the family's basic costs. By applying for this loan, Arevik asks for a loan to purchase new stock of clothing to sell locally. She 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 Arevik, and she hopes for lenders' goodwill and support.

Loan details

Lenders and lending teams

Loan details