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Artur is 30 years old, and he lives in Kapan town in the south of Armenia. Artur's family consists of six people: Artur, his wife, his parents, and two little children. He is involved in an auto repair business. He is also involved in agriculture and has been keeping beehives for 5 years. Now Artur has 25 beehives.

Artur has applied for this loan to increase his number of beehives. This will allow him to produce and sell more honey and increase his income, which will allow him to cover the rising costs of providing for his 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
  • 151
    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 $3,000 helped Artur to pay for beehives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 6, 2012
Apr 5, 2012
Currency Exchange Loss:
Dec 20, 2013