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Sofik lives in Katnaghbyur village with her husband. They are involved in agriculture: they keep cows, pigs, turkeys, sheep and hens, as well as cultivating barley and growing apple trees.

In order to increase the number of cattle, Sofik has applied for this loan. With the requested amount, she plans to purchase two cows as well as grass to feed them. This loan is important for Sofik so she can earn more income and improve her household's conditions.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Sofik to buy two cows and grass to feed them.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Aug 14, 2012
Aug 22, 2012
Currency Exchange Loss:
Nov 17, 2014