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Andranik is engaged in agriculture. He has been in this business for more than 30 years and during this period has created his sustainable farm. Because of unfavorable climate conditions this year, Andranik hasn't got enough harvest to sell in the winter. So he plans to purchase more fruits to keep in the freezer and sell.

With the requested loan, Andranik also plans to purchase seeds to cultivate the land. This loan will allow Andranik to get enough income to meet his family's needs. Andranik lives together with his wife and son.

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 $2,500 helped Andranik to pay for fruits and seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Nov 29, 2011
Currency Exchange Loss:
Nov 18, 2013