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Babken is engaged in pig-breeding. He would like to increase the number of pigs and found a large farm. With the loan’s help Babken will develop his business and increase his income. Additional income will help Babken insure a sustainable future for his family of five. Babken lives together with his wife, son and two daughters.

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
  • 94
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Babgen to pay for pigs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 13, 2011
Aug 1, 2011
Currency Exchange Loss:
Jul 17, 2013