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Petros runs a grocery store. He started this business in 2006. During the last few years, Petros has expanded his business and now aims to purchase more food to diversify product variety in the grocery. Unable to find sufficient means, Petros has applied for this loan.
Petros lives with his mother, wife and 2 school-aged daughters. Development of the business is important for this entrepreneur to gather more income and improve the family's living conditions.

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
  • 143
    View loans »
    Armenia Loans Fundraising
  • $15,809,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Petros to pay for food for his grocery store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 2, 2012
Aug 22, 2012
Currency Exchange Loss:
Dec 20, 2013