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Arevik
Arevik has been involved in land cultivation for 10 years. She cultivates tomatoes and grows apricot, apple and pear trees with great love and pleasure. She sells the gathered harvest locally and gets income that is vital for sustaining her family of 5: Arevik herself, her husband, son, daughter-in-law and little grandchild.

Arevik works hard to get income, because agriculture is the only source of income for her family. The income she gets is hardly enough for covering basic costs and there is no money left for enlarging the farm. So, Arevik has applied for this loan to purchase fertilizer and seeds, which are very important for successful cultivation of the land.

The loan will help Arevik to increase the variety of trees that she grows and gather more harvest. She dreams of having a stable income and ensuring a better and secure 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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 91
    View loans »
    Armenia Loans Fundraising
  • $12,398,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $3,000 helped Arevik to pay for seeds and fertilizer for land cultivation.
81% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
N/A