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Artur is a young entrepreneur from Yerevan. He lives with his mother, who is a housewife, and his father, who's a driver. Artur rents a booth in the city market, where he trades in women's bags. Artur always offers a large variety of bags, so his booth is very popular among clients.

Artur has applied for this loan to add new inventory for the new spring-summer season. Artur will keep the growth of his business stable and expand it further 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
  • 137
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Artur to buy bags for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 15, 2012
Apr 5, 2012
Currency Exchange Loss:
Dec 15, 2012