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Gevorg is a 26-year-old entrepreneur from Armavir. He runs a little restaurant in the city. Gevorg has applied for this loan to develop his business. With the loan's help, he plans to expand the restaurant and purchase food. This will help Gevorg to increase the quality of services for his clients and attract new ones. Gevorg will make his business more profitable and develop it further in the future.

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
  • 159
    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 $1,500 helped Gevorg to expand the restaurant and purchase food.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 27, 2011
Feb 1, 2012
Currency Exchange Loss:
Jan 17, 2014