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Vahagn trades in clothing from a rented booth in the city market. To meet the clients' demand for warm clothing during winter, Vahagn would like to increase his inventory. This loan will help Vahagn to increase sales and get more income. Additional income will allow Vahag not only to invest in the business, but also to save for his children's education 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
  • 154
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vahagn to pay for clothing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 14, 2011
Jan 1, 2012
Currency Exchange Loss:
Dec 20, 2013