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Sofik
Sofik is from Armavir town. She is married with one daughter. Together with her husband, Sofik is involved in land cultivation. She cultivates tomatoes, cucumbers, peppers and eggplant. Sofik sells gathered products in the market and earns an income which is hardly enough for covering the family's basic needs.

Now Sofik needs some financial support to expand her agricultural business. She has applied for this loan to purchase potatoes, cucumber seeds and to cover cultivation costs. This will enable her to cultivate more vegetables and gather more harvest. It is very important for Sofik to cover cultivation costs and save money for improving her 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

  • $6,400
    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 $2,000 helped Sofik to pay for potatoes, cucumber seeds and to cover cultivation costs.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 19, 2015