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Artur is a young entrepreneur from Meghry. He runs a little cafe. In just a few years Artur has managed to gain a large number of clients due to the quality of his services. Now Artur would like to renovate the cafe to provide services of a higher quality. With the requested loan Artur plans to purchase a freezer, furniture and floor tiles. This loan will help Artur to develop his business and increase his income. With this additional income Artur will ensure a brighter future for his family. Artur lives together with his wife and two daughters.

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
  • 172
    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 Artur to pay for a freezer, furniture and floor tiles.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Nov 4, 2011
Nov 29, 2011
Currency Exchange Loss:
Dec 17, 2014