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Hrachuhi
Hrachuhi is from the village Lor, in the Syuniq region. She lives with her husband and two small sons (six and seven years old).

Hrachuhi is employed in the private sector. However, her salary is very low and the family needs alternative sources of income to meet their daily costs. This is why Hrachuhi and her husband are engaged in breeding livestock of cows and hens, beekeeping, and cultivation of beeches, alfalfa, potatoes, apples, pears, and nuts. The family has already established a successful agribusiness.

To continue developing their agribusiness, the family needs a loan of USD 3,000 to purchase agricultural machinery for mowing the grass and to buy diesel fuel for the machinery. Hrachuhi and her family will be grateful to the lenders for supporting them in developing their agribusiness.

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

  • $6,300
    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 Hrachuhi to purchase agricultural machinery for mowing the grass and to buy diesel fuel for the machinery.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014