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Margarit runs a little grocery store. She started this business about 2 years ago. Margarit would like to add more varieties of goods in her shop in order to be competitive in the market. With the help of this loan she will purchase food, fruit and vegetables. Margarit hopes to increase her sales and gather more business income.
Margarit lives with her husband, son, daughter-in-law and 3 grandchildren. Business income is vital for her to sustain the family and create more prosperous living conditions for them.

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,333,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Margarit to pay for fruits, vegetables and food.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Aug 31, 2012
Sep 14, 2012
Currency Exchange Loss:
Sep 17, 2014