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Khachik is engaged in agriculture. He keeps cattle and cultivates land. Khachik needs some financial investments to cultivate the land successfully.

With the requested loan Khachik plans to purchase agricultural equipment, which will help him to collect the grass. New equipment will allow Khachik to make the working process more effective and develop agriculture further. This will help him to get additional income and meet the family's needs.

Khachik lives together with his wife, three daughters, and son.

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
  • 141
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Khachik to pay for agricultural eqiupment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 14, 2011
Dec 13, 2011
Currency Exchange Loss:
Sep 15, 2012