A loan of $725 helped to pay for new clothing to sell.


Alvard's story

Alvard lives in Gyumri with her two daughters, son and husband. Alvard is involved in a retail business. She sells clothing and dressmaking supplies in Gyumri town and in nearby villages. Her children are grown up and work hard to sustain their familes' living.

Alvard herself runs her business with big love and care towards her clients. Now, by applying for this loan, Alvard asks financial support to be able to purchase new stock of clothing to sell to her clients. 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 will be a great support for this hardworking woman and she will be very grateful to all lenders.



Loan details


Lenders and lending teams




Loan details