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Gagik M.’s wife and 3 children live together with Gagik’s mother in Goris, Armenia. While Gagik’s wife takes care of chickens and pigs, Gagik takes the cattle for summer to the mountains. The family has been involved in agriculture for 7 years. To increase the income and take better care of his family and children Gagik is planning to purchase 3 cows.

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

  • $6,400
    Average annual income
  • 111
    View loans »
    Armenia Loans Fundraising
  • $13,539,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Gagik towards purchasing cows.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 9, 2010
Oct 1, 2010
Currency Exchange Loss:
Jul 26, 2012