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Samvel is engaged in agriculture. He keeps livestock, chickens and beehives. Agriculture is the family's main source of income, but it is barely enough to meet their financial needs. So Samvel would like to expand his business. With the requested loan, Samvel plans to purchase more livestock. Increase of livestock will allow Samvel to sell more meat and milk and get more income. Additional income means increased living standards for Samvel, his wife and their 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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Samvel to pay for livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 17, 2011
Nov 29, 2011
Currency Exchange Loss:
Dec 20, 2013