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Arevik
Arevik is from Vanadzor town and is involved in agriculture. She breeds cattle as well as cultivates potatoes. Her livestock currently includes nine cows, 12 oxen, five chickens and seven colonies of bees.

She lives with her husband (in the photo), daughter and mother-in-law. Jointly with her family, Arevik runs a farm with great love and care and works hard to sustain her family. Arevik uses the gathered milk in cheese production and sells it, together with other agricultural products, in the local market. This agricultural income is hardly enough to cover the family's basic costs, so it is very difficult for Arevik to save money for covering the farming costs. She has applied for this loan to pay for forage for feeding the livestock. The loan is very important for Arevik to continue the expansion of her farm.

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

  • $6,400
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $12,991,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Arevik to pay for forage for feeding the livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 20, 2015