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Yervand
Yervand is an experienced agronomist from Metsamor village of Armavir region. He lives with his wife and son. To take care of his family's daily needs Yervand is engaged in the cultivation of tomatoes, onions, and greens. His son helps him to sell the agricultural products in the local market, which is the main source of the family's income. To continue running his agribusiness in a sustainable way, Yevand needs to make some investments in it. He needs a loan of USD 2,500 to purchase cellophane and bottles for building a greenhouse, to buy tomato seeds, to purchase some fertilizers, and to make previous credit repayments. Yervand and his family members will highly appreciate the goodwill of lenders and will be thankful to them for helping to collect the loan amount needed.

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

  • $6,400
    Average annual income
  • 109
    View loans »
    Armenia Loans Fundraising
  • $12,432,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,500 helped Yervand to purchase cellophane and bottles for building a greenhouse, to buy tomato seeds, to purchase some fertilizers, and to make previous credit repayments.
56% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2013
Listed
Nov 2, 2013
Currency Exchange Loss:
N/A