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Armenuhi
Armenuhi lives in Shaghat village, Syunik region, with her husband, son and daughter-in-law. The family is involved in agriculture: they raise sheep, cows, hens, cultivate wheat, barley, potato, grass and grow fruit trees. Armenuhi has applied for this loan to purchase a tractor. "It's very difficult without any agricultural technology. Collection of the grass and harvest requires some investments in connection with hiring workers and organizing transportation. The purchase of our own tractor will reduce our costs and allow us to have more income from agriculture", says Armenuhi.
Armenuhi plans to purchase more lambs in the future. She wants to gather more milk and make cheese, the sales of which bring significant income from agriculture. The present reduction of costs will allow Armenuhi to have sufficient means to reach this goal.

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

  • $6,400
    Average annual income
  • 134
    View loans »
    Armenia Loans Fundraising
  • $12,919,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armenuhi to pay for a tractor.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014