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Samvel is 33 years old. He lives in Kapan City, in the south of Armenia, with his wife and four children. Samvel runs a farm, where he has been breeding livestock for eight years. The main income from agriculture comes from selling the milk and meat in the city.

Currently the number of livestock in Samvel's farm is 13. Samvel has applied for this loan in order to purchase more livestock and develop his farm. With the loan's help Samvel expects to increase the sales of meat and milk and get more income. Samvel's house needs to be repaired, so additional income is vital for him to solve this problem and insure improved living conditions for his 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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $13,987,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Samvel to purchase more livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 27, 2012
Apr 3, 2012
Currency Exchange Loss:
Dec 20, 2013