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Gevorg
Gevorg is a farmer from Kornidzor village of Syuniq region. He lives with his mother. Gevorg and his mother work in the government sector. Both of them work hard to be able to earn a living, but unfortunately their salaries are so low that they cannot afford a good living based on those salaries alone. To be able to cover the needs of his family Gevorg is engaged in breeding pigs and piglets, and in cultivation of grass. He sells the agricultural products in the local market, which is an important source of his family's income. His mother assists him greatly in his everyday activities related to farming. To continue running his agribusiness in a sustainable way, Gevorg needs to make some investments in the business. A loan of USD 1500 will help him greatly, enabling him to purchase six new piglets, and to buy some forage for the livestock. Gevorg and his mother rely on the goodwill of the lenders and will be grateful to them for their help in maintaining and developing 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
  • 110
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Gevorg to purchase six new piglets, and to buy some forage for the livestock.
51% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
N/A