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Yeghishe lives in Areni village with his wife and two children. Yeghishe works at a local factory. Besides this, he is involved in cattle breeding. Yeghishe also has a machine for agricultural work, which he uses for land cultivating for other villagers. Yeghishe has applied for a loan to purchase wheels for the machine and to pay for the motor renovation. This will allow Yeghishe to make his work more effective and cultivate more land, increasing his income. With additional income Yeghishe plans to expand his farm 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
  • 134
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,700 helped Yeghishe to pay for wheels and motor renovation.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 24, 2012
Mar 1, 2012
Currency Exchange Loss:
Mar 31, 2012