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Araksi is involved in agriculture. Together with her husband, she raises cows, cultivates wheat and potatoes, and grows apple, pear, and walnut trees. Araksi needs some financial investments for autumn sowing. She plans to purchase seeds, fertilizer, and fuel for agricultural equipment. Araksi will also purchase some forage for the cattle.

Araksi lives with her husband and 4 children: 3 daughters and 1 son. Araksi's husband works at the local rescue service, but the family’s main income is from agriculture. Stable development of the farm is vital for Araksi to have financial stability and ensure a prosperous life for her children.

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
  • 155
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Araksi to pay for seeds, fertilizer, forage, and diesel fuel.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Jul 28, 2012
Currency Exchange Loss:
Dec 20, 2013