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Arevik is from Verashen village where she lives with her husband, son and daughter. Arevik and her family have been involved in agriculture for more than 16 years. They own agricultural land where they cultivate tomatoes and also grow peach, apricot, cherry, plum, and apple trees. Arevik grows trees with great love and care, which is why the family is able to gather a good harvest and sell it in the local market.

As the only income of the family comes from selling the agricultural products, it is very important for Arevik to expand her agricultural activities. Arevik owns a greenhouse which is too old and needs to be renovated. She has requested this loan in order to renovate the greenhouse, and to purchase tomato seeds for cultivation.

The loan is very important for Arevik and her family, enabling them to enlarge their farming business and improve their 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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Arevik to pay for renovation of the greenhouse and tomato seeds for cultivation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 13, 2013
Apr 24, 2013
Currency Exchange Loss:
Sep 17, 2014