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Areg is 27 years old. He lives in Yerevan with his parents and sister. Areg has been trading mobile phones for four years and now wants to expand his business. With the requested loan Areg plans to purchase mobile phones and increase the variety of his inventory. This loan will help Areg to develop his business and increase his income, which will allow him to start his own family and sustain them in the future.

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 Areg to pay for mobile phones.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 13, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 17, 2014