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Vahagn is a private entrepreneur from Yerevan. He lives with his wife, mother, and elderly pensioner grandmother. Vahagn's mother and wife work in the private sector. All family members work hard to be able to earn a living.

Vahagn runs a small local grocery store. The assortment of goods he sells in his store in not that big and needs to be updated periodically in order for it to function in a sustainable way. Vahagn currently needs a loan of USD 2,000 to purchase new items for selling in his store.

Expanding the assortment of goods will give him the opportunity to expand his sales and become more compatible. Vahagn highly relies on the goodwill of the lenders and will be grateful to them for helping him collect the needed amount of loan to sustain his small business.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,000 helped Vahagn to purchase new items to sell in his grocery store.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 28, 2013
Oct 28, 2013
Currency Exchange Loss:
Nov 27, 2013