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Larisa is engaged in agriculture. She grows vegetables in a greenhouse. The client needs financial means to renovate the conservatory, as it is old and doesn’t serve its purpose any more. The greenhouse renovation and the effort to increase it to the standards will allow Larisa to increase her income and improve her family’s living conditions. She lives together with her husband and her son, who helps her run the 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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Larisa to pay for renovating the greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 19, 2011
Jul 1, 2011
Currency Exchange Loss:
Jun 17, 2013