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Harutyun
Harutyun is a private entrepreneur from Gyumri, a city in the Shirak region. His family consists of his wife and two school-age children. Harutyun's wife works in the church. To meet the family's daily needs, Harutyun runs a small local store where he sells grocery products, fruits and vegetables as well as household goods. The store is very small, and the income Harutyun gets from the store hardly covers the family’s costs.

To maintain the small business and to become more competitive in the local market, Harutyun wants to expand the assortment of the products he sells in the store. A loan of $3,000 will be a huge support to the hardworking man and will enable him to buy grocery products, fruits and vegetables as well as household goods to resell in his store. Harutyun and his family will be grateful to all the lenders for helping them acquire the needed loan.

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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 125
    View loans »
    Armenia Loans Fundraising
  • $12,884,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Harutyun to buy new grocery products, fruits and vegetables as well as household goods to resell in his store.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
N/A
Expired:
Oct 20, 2013