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Aghvan Mkrtchyan
This client is engaged in agriculture. He keeps livestock and cultivates land. He would like to develop other branches of agriculture, too. In particular he plans to develop beekeeping. With the requested loan, the client plans to purchase beehives and a special sort of potato seeds. The business development will allow him to increase his income and will improve his family’s living conditions.

The client lives with his wife. His two sons are serving in the army.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Aghvan Mkrtchyan to pay for beehives and seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 16, 2011
Jun 1, 2011
Currency Exchange Loss:
Dec 15, 2012