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Olga lives in the Dimitrov village of the Ararat region with her husband and three daughters. The only income the family receives comes from agriculture. They keep pigs and chickens and grow potato and cucumber in the greenhouse. Olga has applied for this loan to purchase onion seeds and fertilizer. With the loan she will also renovate the greenhouse and buy a polyethylene cover for it. She hopes that the expansion of the business will give her an opportunity to cover the basic needs of her family and ensure their livelihood.

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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Olga to pay for onion seeds, fertilizer, a polyethylene cover for the greenhouse and renovation of the greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 11, 2012
Currency Exchange Loss:
Dec 20, 2013