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Armida is 51 years old. She lives in Goris with her husband and two sons. Armida works in Goris State University as a charwoman. Armida's husband is a pensioner, and her two sons work at the local factory. To make ends meet, Armida also breeds cattle. Her farm includes three cows at present.

Armida plans to increase the number of cattle and develop her farm. With the requested loan she plans to purchase cattle and forage. Development of cattle breeding means financial sustainability for Armida 's family. This will allow her to support her sons to start their own families and have access to a better quality of life.

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
  • 172
    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 Armida to pay for cattle and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 13, 2012
Mar 3, 2012
Currency Exchange Loss:
Jul 17, 2013