Check out some available loans that are similar to this one!
Arman G. is married with one child. The family lives with Arman’s parents who are pensioners. Arman’s wife takes care of their child. Arman has been running a car seat and furniture upholstery renovation business since 1995. Currently he is using two old sewing machines at his rented small factory room. To revive the business Arman would like to replace the old sewing machines with new ones and get a large volume of good quality fabric. This will increase Arman’s profit by 25%.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,105,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arman purchasing sewing machines and upholstery fabric.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Oct 4, 2010
Nov 1, 2010
Currency Exchange Loss:
Oct 15, 2012