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Martiros
Martiros is 35-year-old father of 2 children. He lives in Mayisyan village of Ararat region and his family consists of 5 members: his mother, father, wife and 2 sons. Being the only breadwinner of such big family makes Martiros work hard in order to cover the family’s basic needs.

He works at the local military unit but unfortunately his salary is not enough to sustain his family, so he is also involved in agriculture. He keeps 2 cows, 7 oxen and 30 chickens. In order to expand the number of livestock Martiros has applied for this loan to purchase 2 oxen and forage for feeding them. This loan is very important for Martiros as it will help him to secure the future of his family and ensure better living conditions for his 2 sons.

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
  • 176
    View loans »
    Armenia Loans Fundraising
  • $13,193,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Martiros to pay for 2 oxen and forage for feeding them.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014