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Nubar is 55 years old. She lives in Artashat with her son, daughter-in-law and two grandchildren. Nubar has been trading fruits and vegetables for 3 years.

Nubar plans to increase her sales and get more income. For that, she needs to purchase more fruits and vegetables. This loan will give her the opportunity to implement her goal. Nubar also plans to use the loan to renovate her premise. With the additional income, Nubar will be able to enlarge her business premise and develop her business. The income generation is vital for Nubar's family's economic stability.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Nubar renovate her shop and buy fruits and vegetables.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 3, 2012
Mar 3, 2012
Currency Exchange Loss:
Jan 17, 2014