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Mesrop lives in Por village with his wife. He works at the local village hall, and he is also involved in agriculture. Together with his wife, Mesrop keeps livestock, which currently includes 3 cows and 12 chickens, and grows peach, apricot, nut, apple and pear trees. Mesrop's monthly salary is hardly enough to cover the family's basic costs, and agriculture helps him to have a stable income during each month.

Mesrop would like to improve his agricultural activity and expand it. He has applied for this loan to purchase a cow and forage for feeding it. This will help Mesrop to gather more milk, sales of which will significantly increase his income. The loan is very important for Mesrop, to improve his and his wife'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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Mesrop to pay for a cow and forage for feeding it.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Jan 14, 2013
Currency Exchange Loss:
Jan 17, 2015