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Narine is twenty-eight years old. She lives in Davit Bek village with her husband, her two little daughters and a son. The couple runs a farm, where they raise livestock. The main income comes from making and selling cheese in nearby Kapan city, which is the regional center. Currently the number of livestock in the farm is twenty-two.

Narine wants to increase the number of cattle to gather more milk. Thus she has applied for this loan to purchase cattle and necessary forage for them. This will allow Narine to continue the stable development of cattle breeding, which is vital for the young family to cover their raising daily costs and meet the children's needs.

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
  • 128
    View loans »
    Armenia Loans Fundraising
  • $16,765,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Narine to pay for cattle and forage.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 26, 2012
May 3, 2012
Currency Exchange Loss:
Jun 2, 2012