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Marat
Upon returning from two years of service in the army, Marat found a means to make a living by opening a store. He rents a small shop in the city of Vanadzor. Marat has been running his business successfully for more than two years. Currently he is applying for a loan in order to purchase the goods (candies) for his store. This is very important for Marat to be able to meet his client's demands and stay competitive in the market. Marat lives with his mother and brother and does his best to ensure a better life 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

  • $6,400
    Average annual income
  • 169
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marat to purchase candy to sell in his store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2015