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Karo G. lives with his wife and 3 children. The family’s main income comes from cattle farming. The whole family is engaged in it to meet the large family’s most necessary needs. Karo’s children have musical talent and wish to attend a musical school. The only way to make the children’s dreams come true is to expand the business. Karo 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

  • $6,300
    Average annual income
  • 136
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,250 helped Karo to purchase 3 cows.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Oct 29, 2010
Dec 1, 2010
Currency Exchange Loss:
Nov 18, 2013