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Sarmen
Sarmen is 25-year-old farmer who lives with his wife and two children in Tegh village of Syunik region. He works at one of the local military units as a storekeeper. Besides his work he also runs a farm. He keeps livestock and has a plot of land where he cultivates wheat and barley. The loan will help Sarmen to increase the livestock by purchasing eight calves. This will allow Sarmen to earn more income from cattle breeding and ensure a better life for his young family.

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
  • 118
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Sarmen to pay for eight calves.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014