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Ruzanna trades in food from a rented booth in a city market. Ruzanna would like to expand her business by selling more food. With the loan's help Ruzanna will develop her business and increase her income. Additional income is vital for Ruzanna and her family, as she'll be able to cover her three student daughters' educational costs and insure better future for them.

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 Ruzanna to pay for food inventory.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 24, 2011
Dec 13, 2011
Currency Exchange Loss:
Jan 17, 2014