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Sasun works at the village hall. Nonetheless, his family’s main income comes from agriculture. Sasun has his own agricultural machinery. He keeps cattle, has an orchard and cultivates land. Sasun would like to increase the number of livestock and develop his business further. With the requested loan, he plans to purchase calves. Increasing the number of livestock will help Sasun to get more income and improve his family’s living conditions. Sasun lives together with his wife and three children.

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
  • 174
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Sasun to pay for calves.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 8, 2011
Aug 1, 2011
Currency Exchange Loss:
Dec 15, 2011