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Qnarik is from a small village in the Shirak region, which is one of the oldest and most beautiful regions of Armenia. Locals here are mostly involved in cattle breeding and some limited land cultivation.

Qnarik keeps livestock and cultivates wheat. Her livestock currently includes 60 chickens, 10 bulls, 5 cows, 5 colonies of bees and 2 pigs. A very hardworking woman, she and her husband work hard to sustain their family of six consisting of Qnarik herself, her husband, grandparents and two sons, both of whom serve in the army.

The income that Qnarik and her husband earn from cattle breeding is hardly enough to cover the family's daily costs, and additional income is vital for them. Because they own old agro machinery that needs to be renovated, she has requested this loan which will result in their work being more effective.

Qnarik does her best to save money to ensure a better life for her sons.

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
  • 139
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Qnarik to pay for the renovation of agro machinery.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 29, 2013
Jun 1, 2013
Currency Exchange Loss:
Jan 17, 2014