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Artur is engaged in an agricultural business, which is the main source of the family's income. Artur keeps a cow, seven pigs and 10 piglets, and he grows tomatoes, eggplant and peppers. Artur also owns an orchard with peach, apricot, plum and apple trees. He works hard to reap good harvests and sell them in the local markets. But, unfortunately, his income is barely enough to sustain a family of five: his parents, his wife, two daughters and a son. Artur has applied for this loan to purchase fertilizer, seeds for cultivation, forage for livestock and three oxen. This loan is very important for Artur to enlarge his agricultural activity and ensure a better life for his family.

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 $2,500 helped Artur to pay for fertilizer, seeds for cultivation, forage for his livestock and three oxen.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Mar 22, 2013
Apr 2, 2013
Currency Exchange Loss:
Sep 17, 2014