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Mher
Mher is 31 years old and lives with his father and grandmother. The family is involved in agriculture. They keep 4 pigs, 16 little pigs and 250 chickens. Mher grows and fattens the pigs, and then with the help of his father sells them at higher prices. The family has 12 years of experience in the agricultural field and this is their only source of income.

Mher has applied for this loan to improve his livestock with special milk cows. He will use the milk in cheese production and will sell it in the local markets. The other part of the loan will be spent on purchasing barley seeds. Mher is a hardworking person and he will do his best to gather a good harvest. This will enable him to increase his income and improve his family's living conditions.

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
  • 165
    View loans »
    Armenia Loans Fundraising
  • $13,775,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mher to pay for 2 cows, 13 pigs and barley seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015