Check out some available loans that are similar to this one!
Avetik
Avetik M. lives with his wife in Dashtadem village, Armenia. Avetik’s children are married and have settled in Russia where they can have jobs and earn sufficient income to raise their families. Avetik and his wife keep a fruit orchard growing world-famous and delicious Armenian apricot, apple and walnut trees. He also keeps a cattle farm and 15 beehives, and cultivates 1 hectare of land. Both his sons try to help their father financially, and their father and grandfather enjoy sharing the fruit produced on their orchard with the children and grandchildren by sending them to cold Russia to remind them of the taste of delicious fruits from sunny Noah’s land. To diversify his source of revenue, Avetik has applied for a loan to increase his number of 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

  • $6,400
    Average annual income
  • 77
    View loans »
    Armenia Loans Fundraising
  • $13,460,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Avetik to purchase additional cattle for his farm.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012