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Styopa G. runs a CD shop in Meghri city, a mountainous, sunny and fertile landmark. Styopa is the main breadwinner, taking care of his mother, wife and son.

To meet his clients' demands, Styopa needs to introduce new items in his shop: mobile and computer accessories. This will also increase Styopa's income and improve his household's conditions.

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
  • 178
    View loans »
    Armenia Loans Fundraising
  • $17,065,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Styopa to buy mobile and computer accessories for resale.
100% repaid
Repayment Term
37 months (Additional Information)
Repayment Schedule
Apr 25, 2011
Apr 2, 2011
Currency Exchange Loss:
Dec 15, 2011