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Aghavnik lives in Mrganush village with her mother, sister and daughter-in-law. She runs a little shop. To meet the high demand for products in the village during New Year, Aghavnik would like to increase the variety of products she sells. This loan will help Aghavnik to implement this goal, increase the business income and develop it further.

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
  • 143
    View loans »
    Armenia Loans Fundraising
  • $14,385,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Aghavnik to pay for goods for the shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 21, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 17, 2014