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Surik A. lives in Goraik village of the Syunik region. Surik lives with his mother and newlywed wife. The family has a cattlefarm and is engaged in land cultivation. The Syunik region has severe cold climate, which is suited for cattle farming. Currently there is increased demand for small cattle on the market. To enlarge the business and increase the profit for his growing family Surik has applied for this loan to purchase more cattle.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Surik purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 17, 2011
Feb 23, 2011
Currency Exchange Loss:
Mar 15, 2013