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Arman lives in Kapan town with his wife, Kristine. He is involved in breeding lambs. Currently, the number of lambs on Arman's farm exceeds 150. He would like to purchase more lambs in order to earn more profit from the meat sales. This loan will allow him to purchase 40 lambs.

Arman is excited about the expansion of his farm which will allow him to have sufficient income and to invest in starting other agricultural activities in the future.

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
  • 151
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arman to buy lambs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 1, 2012
Aug 30, 2012
Currency Exchange Loss:
Sep 17, 2014