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Nargiz lives together with her husband and two student sons.

She is an economist by profession, but since 1999 Nargiz has been trading fruits and vegetables at one of the city's most popular fruit and vegetable markets.

She would like to increase the variety of fruits and enlarge her business. With the help of the loan, she will increase sales, meet clients’ demands and receive more income.

Additional income will help her cover the family’s daily costs as well as pay for her sons’ university fees.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nargiz to increase the variety of fruit and enlarge her business.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 20, 2011
Jul 1, 2011
Currency Exchange Loss:
Mar 15, 2013