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Aram is twenty-seven years old. He lives in Goris with his big family: his parents, grandmother, brother and sisters. Aram started his agricultural business with only three beehives, but due to his hard work and patience has increased the number of beehives to forty. Aram's farm also includes fifteen pigs.

Now Aram would like to earn more income by developing his pig-breeding. For this reason he has applied for this loan to purchase pigs and forage to feed them. Aram is very excited about expanding his farm and plans to increase the number of beehives, too. He also dreams of starting his family, and additional income is vital for him to create higher quality of life for his family.

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
  • 139
    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 Aram to pay for pigs and forage.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 23, 2012
Mar 4, 2012
Currency Exchange Loss:
Jan 17, 2014