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Vardan A. has been running a grocery shop since 2008. He supports his wife and two children. Vardan rents a shop in between several buildings serving the neighborhood. To meet his customers’ demands, Vardan wishes to introduce a fruit and vegetable corner in his shop.

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
  • $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 Vardan to introduce a fruit and vegetable corner.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 12, 2010
Aug 26, 2010
Currency Exchange Loss:
Sep 17, 2011