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Suren D. lives in Brnakot village with his wife, two children and parents. He works in the army as a contract serviceman. Suren’s salary is too low to meet the family needs, so he is also engaged in agriculture. Suren wants to renovate his house, but he doesn’t have enough financial means. With the requested loan, he plans to buy seeds, fertilizer and fuel and develop agriculture. With the help of the loan, Suren will increase his income, renovate his house and insure better living conditions for his family.

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
  • 150
    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 $1,000 helped Suren to buy seeds, fertilizer and fuel.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 22, 2011
May 1, 2011
Currency Exchange Loss:
Jan 16, 2013