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Sos B. is a skilled and experienced businessman who has longstanding relationships with his suppliers and customers. He trades in leather clothing and shoes from one of the city markets and also distributes goods to another trader in the same market. Sos started his business in 1992 with $2000 startup capital, working in Armenia’s border region. Sos moved to Yerevan in 1999 to be with his loving wife and 3 children and has applied for this loan to purchase new clothing stock.

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
  • 163
    View loans »
    Armenia Loans Fundraising
  • $17,083,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Sos to purchase clothing stock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 10, 2010
Oct 4, 2010
Currency Exchange Loss:
Mar 15, 2011