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Grigor K. is married with two little children. He has been managing his business since 2005. The family lives with Grigor’s pensioner parents. Grigor sells shoes from a rented trading booth in Malatia market. The household’s main income comes from this business. Grigor has applied for this loan in order to purchase new shoes for his inventory.

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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    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 new inventory.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 24, 2010
Oct 16, 2010
Currency Exchange Loss:
Nov 15, 2012