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Andranik lives in Yerevan with his wife and three children. Andranik's wife is a school teacher and his three children are students. Andranik has run a little grocery for almost 5 years. Due to his hard work and enthusiasm, Andranik has managed to earn his living and sustain his family through these years. Now Andranik aims to develop his business. In order to meet the large demand for coffee, Andranik plans to purchase coffee stock in his grocery. This loan will help Andranik to increase his working capital and make savings to cover his children's educational costs.

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
  • 124
    View loans »
    Armenia Loans Fundraising
  • $16,783,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Andranik to pay for coffee.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 6, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 17, 2014