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Arman runs a little factory where he makes doors and windows. He has been running this business for 11 years. Arman always makes high quality products, which is why he always gets large numbers of orders. This requires more materials to make the doors and windows. Arman has applied for this loan in order to purchase plastic and wooden frames for doors and windows. It is important for Arman to complete the orders and keep his business running.

Arman lives with his wife, parents, sister and 3-year-old son. Business income is vital for Arman to sustain his family and create 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
  • 134
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arman to pay for frames for doors and windows for his factory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 18, 2012
Sep 14, 2012
Currency Exchange Loss:
Sep 17, 2014