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Shushanik runs a little grccery. Her husband helps her with the business. Shushanik would like to increase the sales and make the business more profitable. With the requested loan, Shushanik plans to purchase more goods to sell. Increase in the variety of goods will allow Shushanik to get more income and cover her school-age daughter's educational costs.

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
  • 132
    View loans »
    Armenia Loans Fundraising
  • $14,333,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Shushanik to pay for goods to sell.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 3, 2011
Dec 5, 2011
Currency Exchange Loss:
Feb 17, 2014