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Nune lives in Nalbandyan village in the Armavir region with her husband, father in-law and 2 children: 21-year-old daughter and 17-year-old son. The family earns its main income from agriculture. On the family farm they raise cows, hens and pigs, cultivate wheat, watermelons, and grow fruit trees: apricot, peach, cherry, plum and grape. To cover all costs for such a big farm, Nune needs sufficient funds. In particular, she wants to purchase grass to feed the cattle, fertilzer for the land cultivation, as well as hire workers for the land cultivation and pay for flouring the wheat. Implementation of these goals will allow Nune to gather stable income and make savings to invest in the development of the farm next year.

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
  • $14,083,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nune buy cattle feed, fertilzer and pay for labor.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 24, 2012
Aug 29, 2012
Currency Exchange Loss:
Aug 17, 2014