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Samvel A. has been in the furniture business since December of 2002. He supports his immediate family and his elderly parents. Currently Samvel is making and selling furniture made to order. To increase his turnover, Samvel has applied for the loan aiming to purchase readymade furniture items.

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
  • 123
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Samvel purchasing readymade furniture items.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 5, 2010
Aug 13, 2010
Currency Exchange Loss:
Nov 16, 2011