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Nune is forty-five years old. She lives in Armanis village with her husband and daughter. Nune's husband works at the local factory, but the salary is too low to make ends meet. The main income for the family is cattle breeding.

Nune has applied for this loan to develop her farm. She plans to purchase four calves and forage. With expansion of the farm, Nune hopes to earn more income, which will allow her to renovate her old house and ensure a better life for her family.

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
  • 140
    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 Nune to purchase calves and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 17, 2012
Mar 4, 2012
Currency Exchange Loss:
Mar 17, 2014