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Margarit
Margarit is a 26-year-old from Dvin village. She lives with her mother and elder brother and, jointly with them, is involved in agriculture. They own an agricultural land, where they cultivate tomato and eggplant, and grow peach and apricot trees. They work hard to gather a good harvest and sell it in the local markets. As the main income of the family comes from land cultivation, it is very important for Margarit and her family to enlarge the land cultivation process.

Margarit has applied for this loan to purchase tomato seeds and fertilizer, and also to cover the cost of labor to help with the cultivation. The loan is very important for Margarit and her family, to get an opportunity to cultivate more vegetables and increase their sales.

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
  • 118
    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 $1,000 helped Margarit to purchase tomato seeds and fertilizer, and also to cover the cost of labor to help with the cultivation.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014