A loan of $1,500 helped to pay for clothing supplies which she will allow participants to rent.


Gayane's story

Gayane lives with her mother in Vanadzor town. For over 5 years, Gayane has been organizing "Wonder-Child" contest-festival for local children (one of them is in the photo).
Gayane works hard at organizing everything to make the event successful. The clothing that Gayane owns, she gives for a rent to parents whose children participate in the festival. Due to lack of financial resources, Gayane requests this loan to be able to purchase new stock of clothing. She has now been approved for a loan within the framework of a 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 greatly important for Gayane and she will be very grateful to all her lenders for support.



Loan details


Lenders and lending teams




Loan details