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Ashot has been engaged in beekeeping for three years. The current production level does not allow Ashot to receive sufficient income, which would also enable him to increase the number of bee hives he has. With the help of this loan, Ashot will purchase more bee hives. Ashot lives with his wife, who is a school teacher.

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
  • 123
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ashot to pay for bee hives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 26, 2011
Jul 1, 2011
Currency Exchange Loss:
Jun 17, 2013