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Sergey sells fruits and vegatables from a rented booth. Sergey would like to enlarge his business and increase his working capital. With the requested loan Sergey plans to purchase fruits and vegetables to sell. Increase of sales will allow Sergey to develop his business and get additional income, which is very important for him to sustain his family. Sergey lives with his wife and two daughters.

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
  • 146
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sergey to buy fruits and vegetables.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Nov 2, 2011
Currency Exchange Loss:
Nov 18, 2013