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Armen is a farmer from Meghri. He keeps cattle. Armen lives with his wife and two children. He is the only breadwinner in the family and the current income he gets is not enough to save and invest in agriculture. Armen wants to increase the number of livestock and develop his farm. With the help of this loan, Armen plans to purchase livestock and forage. This will allow him to get additional income and develop agriculture in the future.

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
  • 173
    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 Armen to pay for livestock and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 19, 2011
Jan 1, 2012
Currency Exchange Loss:
Aug 17, 2013