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Gevorg is farmer from Shahumyan village. He lives with his wife and three children. As the only breadwinner of the family, Gevrog works hard to sustain the family and cover its daily costs.

Gevorg keeps 20 chickens, grows apple, apricot and peach trees, and cultivates wheat. He works hard to gather a good harvest and together with his wife, Hasmik, sells it in the local market.

As agriculture is the only source of income for Gevorg and his family, it is very important for him to expand it. He has applied for this loan to pay for renovation of his greenhouse and purchase fertilizer. This will enable him to cultivate more fruits and vegetables and be able to earn a higher income. The loan is very important for Gevorg to ensure a better life for his three children.

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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Gevorg to pay for the renovation of his greenhouse and purchase fertilizer.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Feb 1, 2013
Feb 17, 2013
Currency Exchange Loss:
Feb 20, 2015