Funded

Total loan: $500
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Susanna

Armenia
Gyumri, Armenia / Cloth & Dressmaking Supplies

A loan of $500 helped to pay for clothing to sell to customers.


Susanna's story

Susanna is from Gyumri town where she lives with her husband and two grown-up children. Susanna's elder daughter is married and lives separately with her family. In two years, Susanna has been involved in a retail business. She purchases different clothing and dress-making supplies from the city market and resells it in Yeghegnadzor town where her daughter lives. The profit from this activity is very important for Susanna and her family and she needs to enlarge it. She asks for this loan to purchase clothing to sell to her customers. Susanna 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 Susanna and she hopes for lenders' support.



Loan details

Loan length:

20 months
Disbursed date: October 4, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

20 months
Disbursed date: October 4, 2013
Facilitated by Field Partner: SEF International