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Susanna lives in Kapan with her husband, daughter and parents-in-law. Susanna has been engaged in cattle breeding for twelve years. She has applied for a loan to increase the number of her cattle and to purchase forage for them. With an increased number of cattle, Susanna will collect more milk, which she uses to make and sell cheese. Susanna will also increase her sales and make her business more profitable.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $17,105,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Susanna to pay for cattle and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 23, 2011
Feb 1, 2012
Currency Exchange Loss:
Mar 15, 2013