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Tigran is a 37-year-old entrepreneur from Yerevan, and he lives with his wife and two children. Tigran owns a small factory where he makes furniture, which he started five years ago. Tigran has kept the growth of his business stable and now has enough loyal clients to keep his orders consistent. Tigran needs financial investments to improve his furniture-making process and make higher quality furniture. This loan will help him to purchase a necessary machine, which will help Tigran to complete his customer's orders and meet their demands.

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
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Tigran to buy a machine to make furniture.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 7, 2012
Apr 5, 2012
Currency Exchange Loss:
Sep 15, 2012