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Ashot is involved in agriculture: he breeds pigs and hens, cultivates corn, and grows apricot, granate and appletrees. Ashot plans to purchase two calves and start breeding cows, too. With the help of this loan he will also purchase forage for the cattle and fertilizer for land cultivation.

Ashot lives with his wife, mother and four children (one son and three daughters). Ashot earns his main income by selling his harvest and agricultural products at the local markets. Development of agriculture is vital for this farmer to sustain his family and ensure a prosperous life for them.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Ashot to pay for two calves, forage and fertilizer.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 27, 2012
Sep 3, 2012
Currency Exchange Loss:
Oct 3, 2012