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Gagik lives in Nor Sasnashen village with his wife and three children. He has been engaged in farming and cattle breeding for six years. Gagik has applied for this loan to develop his cattle breeding business in order to increase his income and ensure improved living conditions for his family. He plans to purchase cattle and forage with the loan.

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
  • 170
    View loans »
    Armenia Loans Fundraising
  • $17,071,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Gagik to pay for cattle and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 21, 2011
Feb 1, 2012
Currency Exchange Loss:
Jan 17, 2014