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Gevorg
Gevorg is a young farmer from Gogaran village, in the Lori region of Armenia. He lives with his wife, 8-year-old daughter and 5-year-old son. To take care of his family Gevorg is extensively engaged in agribusiness. He is involved in cattle, sheep and pig breeding, in aviculture, and in the cultivation of wheat, potatoes, and alfalfa. He sells the agricultural products at the local market, which is the main source of the family's income. Gevorg's wife assists him in his daily activities related to farming. To sustain his agribusiness Gevorg needs to make some investments. He needs a loan of $3,000 to purchase five calves, to buy some forage for the cattle, and to pay for harvesting services. Gevorg and his family rely on the good will of the lenders and will greatly appreciate their support in fulfilling the needed loan.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    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 Gevorg to purchase five calves, to buy some forage for his cattle, and to pay for harvesting services.
76% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 6, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
N/A