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Artak is engaged in agriculture. He keeps cattle and cultivates land. Artak lives with his parents, who help him to keep the farm.

Artak has applied for a loan to expand his farm. He plans to purchase two cows, as well as forage for the cattle. The expansion of his farm will help Artak to increase his income, which he plans to invest in the development of 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
  • 137
    View loans »
    Armenia Loans Fundraising
  • $15,799,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Artak to pay for cows and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 22, 2011
Feb 1, 2012
Currency Exchange Loss:
Jan 17, 2014