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Narek is a young private entrepreneur from Yerevan. He lives with his parents, brother and sister-in-law. Narek's father is a construction worker and his sister-in-law is a nurse. Narek runs a technical equipment store where he sells a variety of high-demand items. His brother helps him in organizing and running his small business. All the family works hard to earn a living. Narek's business currently needs some investment in order for it to function in a sustainable way. A loan of USD 3,000 will help him greatly by enabling him to purchase new items to sell in his store. The loan will make the small store more compatible. Narek and his family rely on the good will of the lenders and will highly appreciate their help in collecting 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.

About Armenia

  • $6,300
    Average annual income
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,869,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Narek to purchase new items to sell in his store.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 25, 2013
Oct 27, 2013
Currency Exchange Loss:
Nov 26, 2013