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Ando is involved in agriculture. He cultivates land and raises cattle. Ando has been involved in this business for many years and has created all the necessary conditions with which to develop his farm.

Ando plans to purchase cows, which will allow him to earn more income from the sales of agricultural products. Ando plans to build a new barn and continue increasing the number of his cattle. The addiitional income from the use of this loan will give him an opportunity to implement these goals.

Ando lives with his wife, three children and parents. Agriculture is the main source of income for the entire family, so Ando is determined to develop his business in order to cover the family's cost of living.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ando to buy cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 12, 2012
Jul 6, 2012
Currency Exchange Loss:
Apr 16, 2014