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Vahe N. lives in Yerevan together with his pensioner parents. He produces and trades in linen, blankets and covers. Vahe’s business is the family’s main source of income. Vahe plans to produce more goods and increase his working capital. With the requested loan, he plans to purchase necessary fabric and other materials. The business expansion will allow Vahe to increase his income and insure better living conditions for his family in the future.

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
  • 173
    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 Vahe to purchase fabric and other materials.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 22, 2011
May 5, 2011
Currency Exchange Loss:
Jun 17, 2013