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Mekhak is a 38-year-old entrepreneur. He lives in Yerevan with his wife and two school-age children. For almost three years, Mekhak has been running a shop where he trades food and different household goods. Due to his personal qualities, he has been able to sustain and grow his business.

Mekhak is requesting a loan to continue developing his business and purchase food for his shop. His loan will help Mekhak increase his income, which is vital for him to cover his family's daily costs and provide for his daughter's education.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Mekhak to purchase food to sell.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 27, 2012
Apr 3, 2012
Currency Exchange Loss:
May 3, 2012