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Shoghik is from Dalarik village of Armavir region. She lives with her husband, 7-year-old daughter, 3-year-old son, parents-in-law, and brother-in-law.

Shoghik is employed in the government sector; she works as a teacher at the village local school. Her husband is a policeman, her mother-in-law is also a teacher in the same school, and her brother-in-law works in the private sector. All the family works hard to be able to cover their daily expenses. However, their salaries are so low that it is almost impossible to afford a living based on those salaries alone. Shoghik and her family members are also involved in cattle breeding, in breeding pigs and piglets, and in the cultivation of alfalfa, peaches and apricots. The family sells the agricultural products in the local market, which is an important source of their income.

To continue running the agribusiness in a sustainable way, Shoghik needs a loan of 3,000 USD to purchase five steers, to buy forage for the livestock, and to purchase fertilizers. Shoghik and her large family highly rely on the good will of the lenders and will greatly appreciate their support in collecting the needed amount of loan to sustain 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.


About Armenia

  • $6,300
    Average annual income
  • 109
    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 $3,000 helped Shoghik to purchase five steers, buy forage for the livestock, and purchase fertilizers.
86% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 20, 2013
Dec 8, 2013
Currency Exchange Loss: