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Artur is 43 years old and is from Norashen village in the Ararat region of Armenia. He lives with his 38-year-old wife and 23-year-old daughter and works at a local hospital as a doctor. Artur also keeps a greenhouse where he grows peach, plum, apricot, apple, and nut trees. He has requested a loan in order to renovate the greenhouse. This will significantly increase the level of harvest and profit from the sales of fruits and vegetables. With the help of the loan, Artur will improve the living conditions for his family as well as get necessary funds for his daughter’s education.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Artur to pay for renovation of his greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 11, 2012
Currency Exchange Loss:
Nov 18, 2013