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Grigor M. has been managing a trading business since February 2010. He rents a stall at one of the city markets, where he sells women’s and children’s clothing. His wife is a big help in their family business, taking care of it when he is away. Grigor applied for this loan to travel to a neighbouring country to purchase clothing.

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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $15,757,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Grigor to purchase clothing for resale.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 1, 2010
Sep 8, 2010
Currency Exchange Loss:
Oct 15, 2012