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Manvel is engaged in agriculture. He keeps livestock and cultivates land. Manvel has been engaged in agriculture for many years, through which he has managed to expand his farm. Now Manvel would like to develop cattle-breeding. With the help of this loan Manvel will increase the number of the livestock. This will allow Manvel to increase his income and savings to renovate his house. House renovation means improved living conditions for Manvel and his family. Manvel lives together with his wife, son, daughter-in-law and grandchild.

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
  • 137
    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 $2,000 helped Manvel to pay for livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 7, 2011
Dec 13, 2011
Currency Exchange Loss:
Jan 17, 2014