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Romik
Romik is a young agronomist from Arshaluys village of Armavir region. He lives with his wife, his small son and daughter, his parents, and his brother. To be able to take care of the family's needs, Romik is engaged in the cultivation of wheat, tomato, potato, cucumber, and eggplant with the help of his family members. Plant cultivation is the only source of family's income. Romik and his family members sell the agricultural products in the local market. Currently their agribusiness needs some investments. A loan of USD 2,500 will be a huge support to this hard-working young farmer and his family, and will enable them to purchase cellophane, bottles for the greenhouse, tomato and potato seeds, and fertilizers, and renovate the greenhouse. Romik and his family will be very thankful to all the lenders for their support in collecting the needed loan amount to maintain and improve 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.

About Armenia

  • $6,400
    Average annual income
  • 106
    View loans »
    Armenia Loans Fundraising
  • $12,432,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Romik to purchase cellophane, bottles for the greenhouse, tomato and potato seeds, and fertilizers, and renovate the greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Oct 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015