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Armen
Armen is trading in fruits and vegetables from a rented booth. He has been engaged in this business for two years. Armen would like to increase the variety of products and develop his business further. This loan will help him to increase his sales and get more income.

Additional income will help Armen expand his business by opening a new shop. He will also provide better living conditions for his family. Armen lives together with his wife and school-aged son.

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

  • $6,400
    Average annual income
  • 128
    View loans »
    Armenia Loans Fundraising
  • $12,884,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armen to pay for fruits and vegetables.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012