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Ara P. had been working abroad for several years. After saving some money, he returned to his homeland and invested in a trade business. He proved to be a successful businessman and a very client-oriented entrepreneur. Ara regularly updates his clothing stock, and has applied for this loan for that purpose.

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 Ara to purchase new clothing inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 24, 2010
Jan 1, 2011
Currency Exchange Loss:
Nov 16, 2011