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Vahe M. has recently served in the Army. Vahe is living with his large family of 9 people, where apart from himself, his father and brother also work. In 2010, Vahe joined the workforce by opening his own small business. He rents a large booth at Firdusi open air market where he sells sportswear. His mother helps when Vahe is away for goods purchasing. Vahe has applied for the loan to purchase new inventory.

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
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vahe purchase new sportswear inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 1, 2010
Nov 1, 2010
Currency Exchange Loss:
Nov 16, 2011