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Arevik is 50 years old. She lives in Syunik village with her daughter. Arevik works for one of the local greenhouses, where she coordinates the work. Besides that, Arevik is also involved in beekeeping and now has 25 beehives. She wants to develop her own business to have an independent source of income, which comes from making and selling honey in the village and in nearby Kapan city. Development of beekeeping will allow Arevik to earn more income and live with a better quality of life.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arevik to pay for beehives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 17, 2012
May 3, 2012
Currency Exchange Loss:
May 17, 2014