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Mher is involved in agriculture. He grows potatoes and beans, and raises cattle. Mher's family members, parents, brother and sister are also involved in agriculture. Mher's farm has all the necessary conditions for increasing production, which is why he has applied for this loan. With the loan, Mher will purchase calves, alfalfa seeds, fertilizer, and fuel. These purchases will give Mher the opportunity to grow more and to increase the amount of livestock he has, which will provide additional income for him.

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
  • 136
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Mher to pay for calves, alfalfa seeds, fertilizer, and fuel.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 17, 2012
Jun 2, 2012
Currency Exchange Loss:
Jul 2, 2012