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Samvel
Samvel is 58 years old and lives in Getap village with his wife and 26-year-old son. The family is involved in agriculture and they keep cows, chickens and oxen. Samvel also has an orchard where he grows apples, pears, peaches, apricots and nut trees with great love and care.

Samvel applied for this loan as he wants to increase his livestock by purchasing a calf, cow and feed. He hopes that by improving his herd with special milk cows he will be able to increase sales of milk and meat and earn more income.

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
  • 177
    View loans »
    Armenia Loans Fundraising
  • $13,240,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Samvel to pay for a calf, a cow and their feed.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014