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Karen T. has been in the trading business since 2004. He rents a stall at one of the city markets, selling shoes and sneakers. Karen has applied for this loan to purchase a stock of new shoes.

Additional Information

About SEF International

SEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.

About Armenia

  • $6,300
    Average annual income
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,869,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Karen purchasing new stock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 1, 2010
Sep 8, 2010
Currency Exchange Loss:
Oct 15, 2012