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Hrachik G. raises livestock. He has been able to grow the business, and with the income received, he successfully paid the education fees for his three children.

With the help of this loan, Hrachik plans to improve the business further by buying food for the sheep.

Hrachik is a an experienced and skillful farmer and has all the potential to grow his family business.

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
  • 160
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Hrachik to buy food for the sheep.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Mar 28, 2011
Apr 2, 2011
Currency Exchange Loss:
Apr 15, 2012