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Ashot is a 37 year-old entrepreneur from Vayk town, Armenia. Ashot is involved in beekeeping. Currently, he keeps 10 beehives. He also runs a little shop, where he trades with food. As a man with initiative, Ashot always aims to develop his enterprises, and thus has kept stable development of both businesses. Now Ashot plans to develop beekeeping by purchasing new beehives.

He will use this loan to purchase 13 beehives. Ashot expects to increase his income, which he will invest for further expansion of beekeeping. It is also important for him to meet his family's needs and provide better living conditions for them.

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,700 helped Ashot to pay for 13 beehives.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 11, 2012
May 3, 2012
Currency Exchange Loss:
Jun 2, 2012