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Seryozha works in the sale and rental of wedding dresses and accessories, as well as organizing weddings. Seryozha would like to open a new booth and develop his business further. With the requested loan Seryozha plans to purchase new wedding dresses and clothing, as well as to rent another booth and expand his business. With the help of this loan he will increase his working capital, which is very important for him to start his own family in the future. Seryozha lives together with his parents and grandmother.

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 Seryozha to pay for his wedding dresses and accessories booth and buy additional inventory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 10, 2011
Sep 1, 2011
Currency Exchange Loss:
May 17, 2014