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Samvel
Samvel is a 67-year-old from Azatan village. He is involved in land cultivation and cultivates potatoes and wheat.

Samvel works hard to gather a good harvest and sell it in the local markets. The main income of the family comes from agriculture, so it is very important for Samvel to expand his agricultural activity.

He has applied for this loan to purchase potato seeds and fertilizer and to cover fuel costs. The loan is very important for Samvel to be able to cultivate more potatoes and gather more harvest, which will significantly increase his income. It is very important to cover fuel costs, which will enable Samvel to take the gathered harvest to the market.

Samvel lives with his wife, and it is very important for him to earn more income and ensure a better life for her.

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
  • 85
    View loans »
    Armenia Loans Fundraising
  • $12,655,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $3,000 helped Samvel to pay for potato seeds and fertilizer and to cover fuel costs.
93% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
N/A