Check out other loans that are currently fundraising!
Kamo lives in Masis town with his mother, wife, and son.

He has been involved in the retail business for already three years. Near the open market of Masis town, Kamo owns a little store where he sells different types of goods (beer, vegetables, and fruits).

As the only breadwinner of the family, it is very difficult for Kamo to pay the family's daily costs and at the same time cover the costs related to his retail business. Now, because of financial difficulties, Kamo isn't able to purchase new stocks of products to sell to his customers.

Kamo has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. The loan is very important for Kamo, and he hopes for lenders' support.

Additional Information

More information about this loan

This loan is part of SEF's startup pilot project to benefit borrowers working in Armenia's non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • 405.3
    Armenia Drams (AMD) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Kamo to pay for new stocks of products for his store.
95% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 4, 2013
Nov 7, 2013
Currency Exchange Loss: