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Karen is involved in agriculture. He runs a farm, where he breeds cows, sheep, pigs, turkeys and fish. He also grows grass on his land, which he uses as forage for the livestock. As the grass Karen gathers is not enough to feed the livestock, he plans to purchase barley, corn and hay to feed the livestock. Karen will also purchase fuel for a tractor to cultivate the grass. This is essential for Karen to keep developing his farm and have a stable income, which will help him to ensure a prosperous life for his family. Karen lives with his wife and two daughters.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Karen to pay for barley, corn, and hay (as fodder), and fuel.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 10, 2012
Jul 27, 2012
Currency Exchange Loss:
Aug 26, 2012