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Armen is a 39-year-old farmer from Nor Sasnashen village. He lives with his wife and three children. Armen would like to develop his farm, which requires sufficient financial investments. Thus, he has applied for a loan. With the requested loan, Armen plans to purchase cattle. Development of cattle breeding will allow Armen to get additional income and use it to improve conditions in the household.

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
  • 171
    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 $3,000 helped Armen to pay for cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 29, 2011
Mar 1, 2012
Currency Exchange Loss:
Mar 15, 2013