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Artur is 44 years old. He lives in Kechut village with his wife, mother and three children. Artur works at the fire brigade as a fireman, but his salary is not enough to cover the family's costs. So to sustain the family, Artur also keeps livestock. The number of livestock on his farm is 20. Artur has a big barn and all the necessary conditions to keep the livestock, so he would like to increase its number to 23. This loan will help Artur to purchase livestock and expand his farm, which means increased income for him.

Artur wants to see his children well-educated in the future, and additional income will give him opportunity to make savings for this purpose and insure a prosperous future for them.

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
  • 160
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Artur to pay for livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 20, 2012
Mar 4, 2012
Currency Exchange Loss:
Oct 17, 2013