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Nazik
Nazik lives in Kapan town with her husband and son. The family is involved in beekeeping and currently keeps 21 colonies of bees.

Nazik would like to increase the number of bee hives, for which she needs sufficient funds. She has applied for this loan to purchase colonies of bees and bee hives. This will allow Nazik to gather and sell more honey and increase her income.

Nazik dreams of her son being able to start a family and provide stable income for them. Development of beekeeping is important if Nazik and her son are to reach this goal.

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

Success!! The loan was 100% repaid

A loan of $3,000 helped Nazik to buy more bee colonies and bee hives and produce more honey.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014