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Armen lives in Yerevan with his wife, son and daughter. He rents a little booth in one of Yerevan's busiest markets; he started the business in 2007.

Armen has applied for this loan to purchase trousers and shirts for the autumn and winter seasons. This is important for Armen to attract more clients, keep developing his business and expand it in the future.

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
  • 130
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Armen to pay for trousers and shirts to resell.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 10, 2012
Oct 3, 2012
Currency Exchange Loss:
Nov 2, 2012