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Suren is an experienced farmer from Pambak village in the Lori region. He lives with his wife. For more than 20 years, Suren and his wife have been engaged in the agribusiness. They are involved in cattle breeding, in aviculture, in beekeeping, and in the cultivation of potato. Suren realizes the agricultural products in the local market, which is the main source of the family's income. His wife assists him greatly in his everyday activities related to farming. To continue running his agribusiness in a sustainable way Suren needs a loan of USD 1,500 to purchase some forage for the cattle and to buy two heifers. With the help of the loan, Suren will expand his agribusiness, which will help him to more effectively meet the increasing needs of his family. Suren and his wife rely heavily on the good will of the lenders and will appreciate their support in collecting the needed amount of the 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.


About Armenia

  • $6,300
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $14,328,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,500 helped Suren to purchase forage and two heifers.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 18, 2013
Jan 17, 2014
Currency Exchange Loss:
Feb 16, 2014