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Mnatsakan is engaged in the agricultural field. He keeps livestock and cultivates land. Agriculture is the family's main source of income, but it is barely enough to make ends meet. Mnatsakan would like to develop his farm and get more income. With the requested loan he plans to purchase sheep, barley seeds, and forage. The growth of his farm will allow Mnatsakan to increase his income and sustain his family with a prosperous life. Mnatsakan lives together with his wife and two 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
  • 142
    View loans »
    Armenia Loans Fundraising
  • $15,809,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mnatsakan to pay for sheep, barley seeds, and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 18, 2011
Dec 5, 2011
Currency Exchange Loss:
Dec 20, 2013