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Nare is 22. She lives in Shikahogh village with her parents. For many years Nare's parents have been involved in agriculture, and for the past few years Nare has also been involved in this business. The farm currently comprises 4 cows, 2 pigs and 30 chickens. Nare would like to increase the number of livestock by purchasing 2 pigs. With the loan's help she will also purchase fuel, which the family uses to take agricultural products to neighbouring towns and villages to sell. Expansion of the farm will allow Nare to earn more income and invest in the further development of 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
  • 143
    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 $1,000 helped Nare to pay for 2 pigs and fuel.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jun 1, 2012
Jul 5, 2012
Currency Exchange Loss:
Jul 17, 2015