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Arevik lives in Masis village with her family: parents, 3 brothers and sister-in-law. The family is involved in agricultural works on the farm where they grow peach and apricot trees, cultivate vegetables in green houses and keep 30 beehives. The gathered harvest is sold at the local market.

Arevik needs sufficient investments to develop the farm. With the loan's help, she plans to purchase a cow, hives for the bees and pepper seeds. This will essentially increase the profit from agriculture, which is important for Arevik and her large family to cover their costs and live in better conditions.

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
  • 170
    View loans »
    Armenia Loans Fundraising
  • $17,105,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,900 helped Arevik to pay for a cow, hives for the bees and pepper seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 30, 2012
Jun 2, 2012
Currency Exchange Loss:
Apr 16, 2014