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Aram lives with his wife in the town of Kapan in the Syunik region of Armenia. He earns his living by providing vehicle-repair services. He is very skilled and has gained many loyal customers. Now, in order to increase his working capital, Aram is asking for a loan of 3,000 USD. The loan will help him to purchase equipment for his car repair business and provide better service to his clients.

Aram waits for lenders' support. The loan is very important for him, as the business he runs is the only source of income for Aram and his wife.

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
  • 134
    View loans »
    Armenia Loans Fundraising
  • $14,328,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Aram to pay for equipment for his car repair business.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jul 26, 2013
Aug 30, 2013
Currency Exchange Loss:
Sep 29, 2013