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Susanna S. lives in Yerevan together with her husband and son. Susanna’s son is a student. Susanna runs a bakery in the city and her husband helps her by delivering the bread to the shops. Susanna would like to develop her business and increase her working capital. She plans to make a bulk purchase of raw ingredients for the bakery. The loan will help Susanna increase her working capital.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Susanna to purchase raw ingredients in bulk.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 19, 2011
May 5, 2011
Currency Exchange Loss:
Apr 17, 2013