A loan of $1,250 helped to pay for new stock of clothing for selling in the store.

Ararat's story

Ararat is from Masis town. He lives there with his wife, and together they are involved in a retail business. They rent a small store in the center of the town, and sell clothing. The couple works hard to satisfy the market demand and serve their customers' needs.

By applying for this loan, Ararat now asks financial support to be able to buy a new stock of clothing to sell in the store.

The loan will greatly assist Ararat in increasing his turnover, and he hopes for lenders' support.

Ararat has 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.

Loan details

Lenders and lending teams

Loan details