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Artak
Artak is 25 years old. He lives in Hatsavan village with his parents. The main source of income for the family is agriculture: cattle breeding and land cultivation. The family has been running the farm for nine years.

Artak needs some financial investments to start and complete the land cultivation. With the requested amount he plans to purchase fertilizer and fuel for agricultural machines. He also plans to renovate the machines and organize the land cultivation process more effectively.

This loan will help Artak to maintain the growth of the farm and have a stable source of income, which is important for him to create improved living conditions for his future 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

  • $6,400
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $12,991,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Artak to pay for fertilizer, fuel and renovation of agricultural techniques.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 5, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014