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Boris S. has been trading in tires since 2000. He replaces and balances car tires. Boris loves his trade and has permanent customers. Although in Boris’ large family he is not the only person employed, his is the main income that sustains the family. Taking into consideration the increased seasonal demand, Boris has applied for a loan to stock up on tires.

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
  • 142
    View loans »
    Armenia Loans Fundraising
  • $15,809,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Boris to stock up on tires.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 16, 2010
Dec 3, 2010
Currency Exchange Loss:
Dec 15, 2012