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Karapet
Karapet is a farmer from Shaqi village of Syuniq region. He lives with his wife, 13 year-old son, 10 year-old daughter, and his father. To take care of his family's needs, Karapet is extensively engaged in cattle breeding, agriculture, breeding sheep and piglets, beekeeping, and in cultivation of wheat, barley, beech, potatoes, apples, pears and walnuts. He realizes income from selling the agricultural products in the local market, which is the main source of the family's income. Karapet's wife helps him greatly in his everyday activities related to farming. To continue running his agribusiness in a sustainable way, Karapet needs a loan of USD 3000 to renovate his agricultural machinery, purchase fuel for his agricultural machinery, and buy forage for his livestock. Karapet and his family members rely on the good will of the lenders and will be thankful to them for their support in collecting the needed loan to sustain his 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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $13,984,325
    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 Karapet to renovate his agricultural machinery, purchase fuel for his agricultural machinery, and buy forage for his livestock.
81% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
N/A