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Davit B. lives in Yerevan with his wife and children. He is engaged in the jewelry trade. Davit’s family lives in his wife’s parents’ apartment. His wife’s parents themselves have moved abroad to find work there. Davit gets his main income from sales, but his financial means are not enough to meet the family needs and support his own household. So Davit wants to increase and develop his business. With the requested loan he plans to expand the jewelry inventory variety and increase sales.

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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $15,776,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Davit to pay for jewelry for resale.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 18, 2011
May 1, 2011
Currency Exchange Loss:
Nov 15, 2012