Check out some available loans that are similar to this one!
Susanna is an experienced agronomist from the village Achajour in the Tavush region. Her family consists of her husband, her school-age son and daughter, and her elderly father-in-law.

Susanna, with the help of her family members, is engaged in breeding cows, sheep, hens and turkeys. She is also cultivating wheat, grass and several fruits (plum, fig, blood orange, grapes, apple, pear and walnut). Farming is the only source of income for the family. Susanna's husband helps her sell the agricultural products in the local market.

As the family's needs are increasing day by day, they need to find more sources of income to cover their basic needs. For this reason, Susanna needs a loan of USD 1,000 to purchase a heifer and some forage for the livestock. As this is her first loan, it has been approved within the framework of the new joint initiative of Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products before, because they have no credit history. Susanna and her family will be very thankful to the lenders for their good will in helping them collect the needed loan.

Additional Information

More information about this loan

This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.

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
  • 122
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Susanna to purchase a heifer and some forage for the livestock.
60% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 2, 2013
Oct 8, 2013
Currency Exchange Loss: