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


Nune's story

Nune is from Gyumri town. She lives there with her husband and 26-year-old daughter. About five months ago, Nune started her retail business. Specifically she sells clothing and dressmaking supplies to locals in Gyumri town.

Realizing that the startup business is quite profitable and the income gathered from that business helps her to cover her family's daily costs, Nune applied for this loan. She asks lenders to support her in purchasing a new stock of clothing. Nune 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