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Andranik
Andranik has been involved in agriculture for the past 25 years. He breeds cattle and is involved in land cultivation. Andranik is a very enthusiastic person willing to improve his farm and sustain his family of five: Andranik, his wife and their three children. The years of running a farm gave Andranik many loyal customers who prefer to buy agricultural products only from him.

As the farming business is the only source of Andranik's income, he would like to expand it. He has applied for this loan to purchase seeds and fertilizer, which is very important for successful cultivation of the land. With the loan's help, Andranik will also renovate the old barn and have an opportunity to increase the livestock.

Andranik is dreaming of developing his farm so that his children will be able to get involved in agriculture and earn enough income to sustain their families 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.

Tags

About Armenia

  • $6,400
    Average annual income
  • 168
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,500 helped Andranik to pay for seeds, fertilizer and renovation of the barn.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 14, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
N/A
Expired:
Jul 1, 2013