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Sergo lives in Chiva village with his wife, mother and three children. A few months ago he started a retail business where he sells building materials. He has applied for this loan to buy more building materials to sell in his shop. This will allow him to satisfy customer demand, stay competitive and improve his family's living conditions.

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
  • 129
    View loans »
    Armenia Loans Fundraising
  • $14,328,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Sergo to buy building materials.
86% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 25, 2012
Jan 18, 2013
Currency Exchange Loss: