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Artak A. lives in Yerevan with his wife, parents and daughter.

Artak is engaged in advertising. He rents an office in the city. Artak’s firm offers services in advertising, event management and branding.

Artak wants to have online advertising for his firm and develop his business. With the requested loan he plans to buy sites for his advertisement. Artak will have the opportunity to present his services to more target groups, develop his business and get more income.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Artak to pay for online advertising.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Mar 31, 2011
May 1, 2011
Currency Exchange Loss:
Jul 26, 2012