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Andranik is involved in agriculture. He keeps hens and colonies of bees and grows fruit trees. Andranik would like to start breeding cows, too, but the current income he gets is not enough to implement this goal.

Andranik is requesting this loan to purchase two cows and an ox. Andranik also plans to purchase forage for them. Such expansion of the farm will allow Andranik to earn more income for the sales of milk and cheese and improve his family's living conditions. Andranik lives with his wife, son and daughter.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Andranik to pay for two cows, an ox and forage.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 12, 2012
Oct 8, 2012
Currency Exchange Loss:
Nov 7, 2012