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Armen is from Kapan, in the Syunik region of Armenia. He lives with his wife and son. Armen is the only breadwinner in the family. He trades with fruits and vegetables at 3 booths in different parts of town. Armen needs some investment to increase the variety of fruits and vegetables in his booths. He hopes to increase sales and earn more income, which will help him to expand his business further and open more booths 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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Armen to pay for fruits and vegetables.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 24, 2012
Oct 22, 2012
Currency Exchange Loss:
Nov 21, 2012