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Aghunik
Aghunik is an experienced farmer from Mets Sepasar village, in the Shirak region. Her family consists of her husband, son, daughter-in-law, and one-year-old grandson.

Aghunik's husband has migrated to Russia as a labor migrant to be able to work there and send money to the family in order for them to live on. Aghunik's son works for the village local self-governance body. His salary is so low that he cannot cover the basic daily needs of the family.

Aghunik is engaged in cattle breeding, in the breeding of livestock of sheep, pigs, and hens, and in cultivation of wheat. Her son helps her sell the agricultural products in the local market. Agribusiness is an important source of family's income.

As the autumn is progressing, the family's agribusiness needs some investments in order for it to be productive. Aghunik needs a loan of USD 1,800 to purchase wheat seeds, to buy fuel for agricultural machinery, to purchase forage for the livestock, and to pay for harvesting services.

The family greatly relies on the goodwill of the lenders and they will be very grateful to them for their support in obtaining the needed loan to sustain 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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,780,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Aghunik to purchase wheat seeds, to buy fuel for agricultural machinery, to purchase forage for the livestock, and to pay for harvesting services.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014