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Benik is from Avshar village, in Ararat region. He has been involved in agriculture for more than 10 years. Benik runs a farm that currently includes 35 chickens, and apricot, plum and cherry trees. Benik works hard to sustain his family, which consists of his wife and 33-year-old son.

Realizing that the farming business is the only source of income for the family, Benik would like to expand it. He has applied for this loan to purchase land and cultivate different kinds of fruits and vegetables. This is very important, for Benik to have this land, start the new cultivation, and expand his farm.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Benik to purchase land for cultivation, and to begin growing new kinds of fruits and vegetables.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 27, 2013
Apr 2, 2013
Currency Exchange Loss:
Jul 17, 2014