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Gyulizar
Gyulizar is a teacher with many years of experience teaching in the local school. She lives in a small city called Tsamaqasar, in the Aragatsotn region. Unfortunately, a teacher’s salary is not enough to make ends meet for a family of four: Gyulizar's husband, two children, and Gyulizar herself. In the region there is a high unemployment rate, but a farm business helps the family have some stable income.

Both Gyulizar and her husband are involved in their small farm and, for a start, they already have some livestock (5 cows and 3 bulls). Now, in order to tackle their financial difficulties, Gyulizar wants to enlarge her farm. She has requested this loan with which she plans to purchase three oxen, three piglets, and food for feeding them. The loan will significantly increase her family's income. It is obvious that the family's financial needs are significant, but Gyulizar and her husband work hard to solve them and give their children a better life.

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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
  • 131
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Gyulizar to pay for three oxen and three piglets as well as food for feeding them.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2015