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Artur is a young entrepreneur from Yerevan. He trades coffee and tea from a rented booth in the city market. Artur has applied for this loan to develop his business. He plans to purchase more tea and increase the variety of this products. This will allow him to increase sales and get more income. This is vital for Artur, as he plans to get married soon, and with the additional income he will create more prosperous conditions for his family.

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
  • 167
    View loans »
    Armenia Loans Fundraising
  • $14,947,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Artur buy tea.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 19, 2012
Feb 1, 2012
Currency Exchange Loss:
Feb 17, 2014