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Andranik
Andranik is a 22-year-old proactive farmer from Sisian town. He lives with his parents who receive a retirement pension. Despite his young age, Andranik is the only breadwinner in the family. He runs a farm, which currently includes 4 cows, 10 sheep, 2 mother pigs, 4 little pigs, 50 chickens and 10 turkeys. He also owns a plot of agricultural land where apple, nut and apricot trees are grown. Andranik is a very hardworking young man who works hard to cover his parent's daily needs. As agricultural is Andranik's only source of income he would like to expand it.

Andranik has applied for this loan to purchase 30 sheep. This will enable him to gather more agricultural income and ensure a better life for his 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
  • 116
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Andranik to purchase 30 sheep.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014