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Lusine makes candies. With petrol costs escalating sky-high it is hard for many to afford running a car, including our client who uses the company car to deliver the candies to shops.

This loan will cover the costs of installing a gas balloon (an alternative fuel system for cars) and necessary technology for the car to run on gas instead of petrol.

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
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Lusine to pay for a gas balloon for her car.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 4, 2011
Jun 1, 2011
Currency Exchange Loss:
Mar 15, 2013