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Gurgen is a young farmer from Geghanush village, Armenia. He lives with his father, who is a teacher at the local school, and sister. Gurgen works at a poultry fabric. He is also involved in beekeeping. The income from the sales of honey is very important for Gurgen to support his family.

Gurgen has plans to develop beekeeping, for which he wants to purchase new beehives. Thus he has applied for this loan.
Gurgen dreams of starting his own family and insuring them with a prosperous life. Development of beekeeping will create the necessary prerequisites for him to make his dream come true.

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
  • 129
    View loans »
    Armenia Loans Fundraising
  • $14,333,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,500 helped Gurgen to purchase beehives.
Repayment Term
31 months (Additional Information)
Repayment Schedule
Mar 29, 2012
May 3, 2012
Currency Exchange Loss:
Jun 2, 2012