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Gagik is an economist by trade but his family's income comes from his food shop. Gagik lives with his wife, also an economist, his parents (a teacher and a bus driver), and his two young children. Gagik has applied for this loan to purchase food items to sell in his shop.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Gagik stock his grocery store.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Mar 18, 2011
Apr 1, 2011
Currency Exchange Loss:
May 17, 2013