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Vitali is forty-seven. He lives in Kapan town with his wife, son and daughter. Vitali runs a farm, where he is involved in farming and cattle breeding. Vitali would like to increase the number of cattle and develop his farm, for which he needs sufficient funds.

With the help of this loan he plans to purchase two cows and two calves. Vitali dreams of establishing a big farm, where he will be able to create conditions for keeping more cattle, thus increasing his income from agriculture.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Vitali to pay for two cows and two calves.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 15, 2012
Jun 1, 2012
Currency Exchange Loss:
Jul 1, 2012