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Marina is 48 years old. She lives in Achanan village with her husband, two children and her sister-in-law. Marina works at the local school as a teacher, and her husband works at the battery farm in Kapan city.

Besides the main work, the family is also involved in cattle breeding. The number of livestock in their farm is four. Marina sells the received milk in Kapan city.

Marina would like to increase the number of cattle, for which she has applied for this loan. She will also renovate the barn and create better conditions for the cattle.

This loan will help Marina to gather more income from milk sales, which is important for her to make savings for her children's education.

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 Marina to pay for barn renovation and cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Apr 7, 2012
Currency Exchange Loss:
Apr 16, 2014