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Koryun lives with his family of seven on the outskirts of Yerevan city. He opened a small grocery shop in front of their home in 1998. He is the only breadwinner in his family and takes care of his parents, wife and children.

To expand his business and to meet the local community’s demand, Koryun has applied for the loan to purchase small household appliances.

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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Koryun purchasing small household appliances.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 6, 2010
Aug 13, 2010
Currency Exchange Loss:
Sep 15, 2012