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Gnel
Gnel is a 50-year-old farmer who lives with his wife in the village of Vernashen. He works as a veterinarian and his wife works at the local village hall. Gnel also runs a farm where he keeps beehives, cows and sheep. He has applied for this loan to expand his herd of livestock by buying a new cow. This will allow him to develop his farm and increase his income.

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
  • 147
    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 $1,200 helped Gnel to buy a cow.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2014