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Majid, who lives in Nor Dvin village together with his wife, children and grandchildren, has been successfully managing his cattle business for 25 years. With the help of this loan, Majid will be able to increase both his number of cattle and his income which, in turn, will improve his family's living conditions and insure a stable future for them.

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
  • 132
    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 $2,500 helped Majid to pay for cattle and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 10, 2011
Dec 6, 2011
Currency Exchange Loss:
May 17, 2013