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Gagik
Gagik is a farmer from Aragats village of Armavir region. He lives with his wife, 6-year-old daughter, and his parents. To be able to take care of his family, Gagik is extensively engaged in agribusiness. With the help of his family members Gagik cultivates potatoes, cabbage, cucumbers, greens and strawberries. He sells the agricultural products in the local market, which is the main source of family's income.

To be able to continue running his agribusiness in a sustainable way, Gagik needs to make some investments. A loan of $3,000 will be a huge support to this hard-working man and his family, enabling him to purchase cellophane and cable for greenhouse construction, and to buy potato seeds. Gagik and his family highly rely on the good will of the lenders and will greatly appreciate their support in collecting the needed amount of loan to maintain and develop 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

  • $6,400
    Average annual income
  • 115
    View loans »
    Armenia Loans Fundraising
  • $12,855,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Gagik to purchase cellophane and cable for greenhouse construction, and to buy potato seeds.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 1, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
N/A
Expired:
Jan 28, 2014