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Arusyak is a 48-year-old businesswoman from Yerevan. Arusyak runs a shop where she trades in men's clothing. Arusyak needs some financial investment to increase the variety of clothing she sells. This will allow Arusyak to meet the clients' demands and increase her sales. Arusyak hopes to get more income and invest it in further development of the business.

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
  • 112
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arusyak to buy clothing to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 16, 2012
Mar 1, 2012
Currency Exchange Loss:
Apr 15, 2012