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Varos is a young farmer from Dalarik village. He is 23 years old and lives with his parents.

He is involved in agriculture. His farm currently includes a cow, a pig, 25 chickens and two turkeys. With the help of his mother, Varos gets cheese and milk products and sells them in the local market. He is the only breadwinner in the family and his income comes from agriculture.

So, in order to expand his agricultural business, Varos has applied for this loan. With the help of the loan, Varos will purchase two pigs and forage for feeding the livestock. The loan is very important for Varos to get more income and be able to ensure a better life for his beloved parents.

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
  • 136
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $950 helped Varos to buy two pigs and forage for feeding the livestock.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jan 25, 2013
Jan 29, 2013
Currency Exchange Loss:
Jun 17, 2014