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Ashot lives in Armash village with his two daughters: 18-year-old Lilit and 13-year-old Anna. For many years Ashot has been running a farm, where he cultivates wheat, tomato, eggplant, and grows apricot and peach trees. The current income Ashot gets does not allow him to have enough funds to invest in farming. In particular, Ashot needs to pay for watering the land and the orchard. He also plans to purchase fertilizer to exploit the land and make better conditions for plants and trees. This loan will help Ashot to implement his goals.

Development of farming is vital for Ashot to have stable income and to make savings for his daughters' further 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
  • 167
    View loans »
    Armenia Loans Fundraising
  • $14,947,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Ashot to pay for fertilizer and watering costs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 2, 2012
Jul 27, 2012
Currency Exchange Loss:
Mar 15, 2013