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Armine is twenty-eight years old. She lives in Tskhuk village with her husband and little son. Armine is a maths teacher at the village school. Armine and her husband are involved in farming. They want to start cattle breeding, too, which is why Armine has applied for this loan.

With the requested amount she plans to purchase fifteen young pigs and forage for them. Armine also plans to invest in cultivating land. She will purchase 400 kg of beech seeds and 10 bags of fertilizer. Armine plans to feed the pigs and sell the meat at the end of the year. She also expects a good harvest of beech, the sales of which will allow her to get additional income. This is important for the young couple to have stable source of income during the year.

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
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Armine to pay for pigs, forage, beech seeds and fertilizer.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 27, 2012
May 3, 2012
Currency Exchange Loss:
May 17, 2014