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Armine is married with two children. Despite her young age (24 years old), Armine has been involved in agriculture for many years. She runs a farm which currently includes livestock (cows, pigs, sheep, chickens, turkeys and 5 colonies of bees). She also cultivates wheat, barley and potatoes.

It is very difficult for Armine to take care of her two little kids and at the same time help her husband with the farming business. But, realizing that agricultural income is very important for their family, Armine and her husband do their best to get income and sustain their young family.

Armine has applied for this loan for the expansion of her farm. With the loan's help she will purchase seeds, fertilizer and forage for feeding the livestock, and also cover fuel costs. The loan is important for Armine to gather more agricultural income and ensure a better life for her 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
  • 121
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armine to pay for seeds, fertilizer and forage for feeding the livestock, and also cover fuel costs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 2, 2013
May 22, 2013
Currency Exchange Loss:
Jun 17, 2015