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This client is engaged in furniture production and trading. He owns a furniture shop. In order to increase the variety of furniture and meet the customers' demands, the client also imports furniture from abroad. He has applied for this loan to cover the customs fees for recently imported furniture. The loan will help the client run his business smoothly and successfully.

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Harutyun to pay for customs fees for imported furniture.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 11, 2011
Jun 2, 2011
Currency Exchange Loss:
May 17, 2013