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Nerses has been engaged in farming during the past 4 years, through which he managed to create favorable conditions to develop the business. This requires some financial investments. With the help of this loan, Nerses will purchase livestock and enlarge the farm. This is very important for Nerses and his family, as development of agriculture will allow him to stay in the community, sustain his family, and not have to leave for work abroad. Nerses lives together with his wife and two children.

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
  • 101
    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 Nerses to pay for livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 7, 2011
Nov 4, 2011
Currency Exchange Loss:
Nov 18, 2013