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Ara
Ara lives in Geghi village in the Syunik region with his wife and two daughters. Ara works at an ambulance service as a driver, and his wife is a teacher at a Geghi school. The salaries they get are not enough to make ends meet, so Ara runs a farm, where he raises cows and keeps colonies of bees.

Ara has applied for this loan to purchase two bulls. This will allow him to increase the number of his cattle and earn more income for cattle breeding.

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
  • 109
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Ara to pay for two bulls.
100% repaid
Repayment Term
35 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013