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Arkadik
Arkadik is a farmer from the Geghasar village in the Lori region. He lives with his wife and two little sons (six and four years old).

To take care of his family, Arkadik is engaged in breeding livestock of cows, pigs, hens, and turkeys and in the cultivation of wheat, barley, potatoes, cabbages, and beets. He sells the agricultural products in the local market, which is the only source of family income.

Since his family’s needs are growing on a daily basis, Arkadik needs to expand his agribusiness to be able to cover the needs of his family. A loan of USD 3,000 will support him greatly, enabling him to purchase three steers, two pigs, and some forage for the livestock. With the help of the loan, Arkadik will sustain his agribusiness.

He and his family will greatly appreciate the lenders' goodwill and they will be very grateful to them for their help in obtaining 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

  • $6,400
    Average annual income
  • 182
    View loans »
    Armenia Loans Fundraising
  • $13,004,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $3,000 helped Arkadik to purchase three steers, two pigs, and some forage for the livestock.
59% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 5, 2013
Currency Exchange Loss:
N/A