Funded

Total loan: $3,000
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Arsen

Armenia
Goris, Armenia / General Store

A loan of $3,000 helped to buy new supplies to sell to customers of the shop.


Arsen's story

Arsen trades with general products in his own shop in one of the city’s markets. To be financially secure and ensure a stable income for himself and his family, Arsen, an economist by profession, started up this business four years ago. Due to his kindly attitude towards people, Arsen has gained many loyal customers who prefer to make their purchases only from Arsen’s shop.

Now, in order to meet clients' current demand, Arsen has requested a loan from SEF International. The loan will help him to purchase new supplies for the shop, which will increase his sales and will give Arsen an opportunity to gather higher income. This income is important for Arsen to cover his family's costs.

Arsen lives with his mother who is 73 years old and is required with retirement pension.



Loan details

Loan length:

38 months
Disbursed date: April 13, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: April 13, 2013
Facilitated by Field Partner: SEF International