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Nune is single mother of one child from Kapan town. She works at a local company and gets a small salary which is hardly enough for covering her and her son's daily costs.
To be financially more secure, Nune started an agricultural business some years ago. For a start she already has a cow and a calf. She milks cows and gets dairy products. Her son helps Nune to sell the gathered products locally.
Realizing that agriculture helps her to have stable income during the month, Nune would like to expand her business.
She has requested a loan from SEF International to purchase a cow and a calf. This will enable her to get more milk and milk products and will significantly increase the sales.
Nune hopes that the loan is a good start for her to expand her agricultural business and she dreams of having a big farm in the future.

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
  • 105
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Nune to pay for a cow and a calf.
72% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 19, 2013
May 1, 2013
Currency Exchange Loss: