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Gagik is involved in agriculture. He keeps livestock, which includes two cows and 11 sheep.

Gagik cultivates wheat and grows apricots, plums, cherries, pears and apples. He runs a farm with great love and pleasure and works hard to gather a good harvest and sustain his family. Gagik is married with two sons.

As Gagik has no sufficient financial funds for the expansion of the farm, he has applied for this loan. The loan will help him to purchase forage for feeding the livestock and seeds for cultivation. This will enable him to feed the livestock and cultivate more fruits and vegetables.

It is very important for Gagik to gather high income and improve his 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

  • $6,300
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $14,328,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Gagik to pay for forage for feeding the livestock and seeds for cultivation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Mar 2, 2013
Currency Exchange Loss:
Oct 17, 2013