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Vahan
Vahan is a farmer from the Horom village of the Shirak region. He lives with his wife, son, and daughter-in-law. Vahan's son works in the village school. The salary that he gets there is so low that he cannot cover the needs of the family.

Vahan is engaged in agriculture and in cultivation of wheat, potato, and alfalfa. Farming is an important source of income for the family. They sell the agricultural products in the local market. To be able to meet the growing needs of his family, Vahan needs a loan of $1,500 to purchase three calves, to buy some forage for them, and to pay for harvesting services.

This investment in his agribusiness will make it function in a more sustainable way. Vahan and his family rely on the good will of the lenders and will be thankful to them for their support in funding the needed loan.

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
  • 153
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Vahan to purchase three calves, to buy some forage for them, and to pay for harvesting services.
76% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 27, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
N/A