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Karen has been involved in agriculture for 10 years. He keeps livestock, which currently includes three cows, five mother pigs and two little pigs. Running a farm is the only source of income for Karen, so it is very important for him to expand it.

Karen is a father of four children and is the only breadwinner of the family. So it is very difficult for him to save money for the expansion of his farm.

Karen has applied for this loan to purchase four calves, four mother pigs and forage for feeding the livestock.

Karen is a very hardworking young farmer and does his best to ensure a better life for his lovely 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
  • 134
    View loans »
    Armenia Loans Fundraising
  • $14,328,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Karen to pay for four calves, four mother pigs and forage for feeding the livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 26, 2013
Mar 2, 2013
Currency Exchange Loss:
Feb 20, 2015