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Spartak
Spartak keeps beehives. In addition, he works at the village hall as the community deputy leader. Spartak’s salary and current income are not enough to meet his family’s needs. Spartak would like to increase the number of beehives and develop his business. With the requested loan, he plans to purchase beehives and essentials. With the loan’s help, Spartak will get additional income and will be able to insure a better future for his wife and little child.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $12,668,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Spartak to purchase beehives and essentials.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013