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Mkrtich
Mkrtich is an experienced farmer from Aghavnatun village of the Armavri region. He lives with his wife.

To take care of their needs, Mkrtich and his wife are engaged in the cultivation of potatoes, cucumbers, greens, grapes and apples. He sells the agricultural products in the local market. This is the main source of the family's income.

As their needs are growing day by day, Mkrtich needs to expand his agribusiness to be able to more effectively meet the family's needs. A loan of USD 2000 will be a great support to this hard-working man and will enable him to purchase cellophane and cables for building a greenhouse and purchase some fertilizers and potato seeds. The loan will help the family sustain their agribusiness. Mkrtich and his wife highly rely on the goodwill of the lenders and will be thankful to them for their support.

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
  • 104
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Mkrtich to purchase cellophane and cables for building a greenhouse and purchase some fertilizers and potato seeds.
81% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
N/A