A loan of $1,500 helped to pay for a new stock of clothing to resell it to customers.


Naira's story

Naira lives with her 9-year-old son in Yerevan. She is a divorced woman who does her best to provide her son with appropriate living conditions. Naira has been involved in the retail business for over a year. She rents a small space in one of the local markets and sells clothing and dress making accessories. She is very polite and kind with her customers and that's the reason she has a good client base. Currently, Naira asks for this loan to be able to purchase a new stock of clothing. As the winter has already come, there is high demand for winter clothing which Naira would like to purchase with the help of the loan. Naira 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 Naira and she will be very thankful to lenders for their support.

Naira dreams of having her own shop and enlarging her business.



Loan details


Lenders and lending teams




Loan details