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Vardan
Vardan lives with his wife, his disabled mother, and his sister, who is a student. He is an engineer by trade, but the family's main source of income comes from his construction materials shop in the market. Vardan would like to enlarge his business and increase sales, so he has applied for a loan to make this happen along with the purchase of new inventory for the shop. He hopes that these additions will bring more customers and increase his income.

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
  • 157
    View loans »
    Armenia Loans Fundraising
  • $13,755,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vardan to purchase new construction materials to be sold in his shop.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013