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Gagik lives in Shirakavan village and is involved in agriculture. He keeps livestock which currently includes 2 cows, 19 sheep, and 30 chickens. He also cultivates wheat and barley and grows apple and pear trees.

Gagik does his best in order to gather good harvest, sell it in the local market, and get high income.

He lives with his wife, two daughters, and a son. As Gagik is the only breadwinner in the family and agriculture is the only source of his income, it is very difficult for him to sustain his family and cover other operational costs.

Gagik has applied for this loan to pay for forage for feeding the livestock. This will enable him to feed his livestock and continue the expansion of his farm. The loan is very important for Gagik to 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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Gagik to pay for forage for feeding livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Jan 25, 2013
Currency Exchange Loss:
Mar 18, 2014