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Andranik is engaged in agriculture. He keeps a glasshouse. Andranik needs some financial investments to develop his business. With the requested loan he plans to purchase seeds to grow flowers, as well as fruits to keep in the freezer and sell it during winter. This will allow Andranik to get additional income from flowers' and fruits' sales and improve his family's living conditions. Andranik lives together with his wife, father and one 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

  • $6,300
    Average annual income
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Andranik to pay for flower seeds and fruits.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 16, 2011
Dec 5, 2011
Currency Exchange Loss:
Dec 20, 2013