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Artur is 28 years old. He lives in Meghry town, in the south of Armenia, with his wife, Sona, and two little daughters, Elen and Mary. Artur has been involved in the agricultural business for 7 years. He breeds pigs and keeps beehives. Artur continually keeps his farm growing, which provides stable income for his family.

Now Artur wants to develop his beekeeping and increase his income. With the help of this loan he plans to purchase 30 beehives. Artur wants his daughters to have access to high education in the future, so the development of beekeeping and additional income will help him to make savings for this purpose.

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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $15,744,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Artur to pay for 30 beehives.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 22, 2012
Apr 8, 2012
Currency Exchange Loss:
Jan 17, 2014