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Suren runs a little shop where he sells construction equipment and household goods. Suren started this business 2008. Suren has applied for this loan to purchase more goods for his shop and diversify the variety. This is important for Suren to increase the sales and continue expansion of the business.

Suren lives with his parents, wife and children: his 1-year-old daughter, Anahit, and 4-year-old son, Grigor. Business income is vital for Suren to sustain his family and ensure better living conditions 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
A loan of $3,000 helped Suren to pay for construction equipment and household goods.
Repayment Term
25 months (Additional Information)
Repayment Schedule
Aug 12, 2012
Aug 15, 2012
Currency Exchange Loss:
Sep 14, 2012