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Jul 28, 2016 6:36 AM ET

Archived: Armenia – Artashes: A loan of $2,100 helps to pay for materials and repay previous credit liabilities.

iCrowdNewswire - Jul 28, 2016


Borrower image

Artashes’s story

Be acquainted with Artashes!

Artashes is a young and skillful man from Kapan. Artashes is 31 years old and he is a furniture manufacturer. He is very skillful and is one of a few manufacturers in his hometown. During several years of practice, Artashes has won a loyal clientele base. Every project made by him is a piece of art and sophisticated solution. Thanks to his clever hands, this old head on young shoulders provides for the daily living of his family of 3: his wife, mother and 1-year-old daughter.

Artashes applied for this Kiva support in order to improve his family’s living. Artashes needs this funding to pay for materials and repay previous credit liabilities. He thanks you wholeheartedly for your contribution beforehand. 

This loan is special because:

It supports informal business owners that have fewer opportunities. 

Kendra Thorogood
Kiva staff 

More about this loan

This loan is part of SEF’s startup pilot project to benefit borrowers working in Armenia’s non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.

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.

A loan of $2,100 helps to pay for materials and repay previous credit liabilities.

Contact Information:


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