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Artak is a farmer from Malishka village. He keeps cattle and beehives. Artak lives with his wife, who helps him with agriculture. Artak would like to expand his farm, for which he needs sufficient financial investments. With the requested loan Artak plans to purchase livestock, hay, and beehives. Development of cattle breeding and beekeeping are very important for the community's agricultural development, as it will allow to create jobs in the future.

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 Hrachya to pay for livestock, hay, and beehives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 21, 2011
Dec 13, 2011
Currency Exchange Loss:
Dec 20, 2013