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Mayis S. is engaged in stone cutting business. After mastering that trade Mayis has opened his own workshop in his family house. His two brothers help Mayis in growing business. Mayis is married and has a little child who was born with serious disabilities and needs constant medical attention. Mayis receives orders for kitchen furniture, stair steps, balusters, window sills etc. To better his production, Mayis would like to purchase a special stone cutting machine, as well as raw materials.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $16,727,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mayis to open a shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 17, 2010
Jan 1, 2011
Currency Exchange Loss:
Jan 16, 2013