Check out some available loans that are similar to this one!
Garik lives in Azatavan village, Ararat region, with his wife and two little sons. Garik serves in the local military unit as a contract serviceman. In addition, he runs a farm, where he grows peppers and fruit trees. Garik would like to renovate the greenhouse in his farm and start growing poppies there. To implement this purpose, Garik has applied for this loan to purchase poppy seeds and polyethylene cover for the greenhouse. Garik also plans to hire workers to do the cultivation. This will allow Garik to earn more income from agriculture and invest in its further development.

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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Garik to pay for hired workers, poppy seeds and polyethylene cover for the greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 28, 2012
Sep 3, 2012
Currency Exchange Loss:
Jul 17, 2013