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Ashot G. is married and lives with his family of eight members, including his eldest son’s family with three little children, in Goris city.

Ashot started beekeeping 20 years ago with only a few dozen beehives. Through the years Ashot and his sons worked hard and with great patience to enlarge the business and produce quality honey.

The grandfather wants to ensure that his family, particularly the grandchildren, have sufficient income to meet their basic needs and receive good educations. To ensure that, Ashot requires a business expansion through purchasing more beehives and thus increasing the family income.

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
  • 129
    View loans »
    Armenia Loans Fundraising
  • $14,333,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ashot to purchase more beehives.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Feb 3, 2011
Feb 23, 2011
Currency Exchange Loss:
Mar 17, 2014