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Nune is involved in agriculture. She keeps 10 colonies of beehives and four cows. She has applied for this loan to expand her farm with a special milk cow and a calf. This will enable her to get milk and use it in cheese production, which she will sell in local markets. Nune lives with her husband and two children. Nune's husband is a taxi driver, but his income is not enough to cover family's basic costs. With the help of the loan, Nune wants to gather and sell more cheese. This will help her to sustain her 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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nune to pay for a special milk cow and a calf.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Dec 19, 2012
Currency Exchange Loss:
Jan 17, 2015