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Samvel is involved in cattle breeding and has been engaged in agriculture for twenty years. Due to his hard work. Samvel founded his farm and created favorable conditions to develop it. He has applied for a loan to increase his number of cattle. Samvel plans to purchase a cow and forage. With the development of his farm, Samvel will get more income and improve his family's living conditions. Samvel lives with his wife, mother and three 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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Samvel to pay for a cow and forage.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 14, 2011
Jan 1, 2012
Currency Exchange Loss:
Apr 16, 2014