Check out some available loans that are similar to this one!
Irina lives with her family in Zorak village of Ararat region. Together with her husband and two sons Irina runs a farm. They keep a livestock (cows, chickens and turkeys) as well as cultivate potato. The family also owns an greenhouse where they cultivate greens and sell it in the market.
The barn that they own is old and needs to be renovated. So Irina needs some financial means to organize her farming process. She wants to renovate the barn, purchase an ox and tomato seeds for the farm. Implementation of these goals is important for Irina to have sufficient income from the sales of the harvest to sustain her family during the year.
As this is Irina's first loan, it has been approved within the framework of the new joint initiative between Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products in the past because they have no credit history.

Additional Information

More information about this loan

This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.

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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $13,987,025
    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 Irina to pay for an ox, tomato seeds and renovation of the barn.
68% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 27, 2014
Mar 24, 2014
Currency Exchange Loss: