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Rima is 46 years old. She lives in Meghri town with her husband and son. Her son works at a local military union and is the only worker in the family. Rima and her husband, Libik, are involved in agriculture; they keep a cow and an ox.

Because of not having sufficient funds for expanding the number of livestock, Rima has applied for this loan. With the requested amount, she is planning to improve the herd with special milk cows. Rima hopes that she will gather more milk and will be able to sell it to local market traders. The loan is very important for Rima and her family to cover basic needs and live in more prosperous living conditions.

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
  • 170
    View loans »
    Armenia Loans Fundraising
  • $17,105,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Rima to improve the herd with special milk cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 26, 2012
Nov 16, 2012
Currency Exchange Loss:
Nov 17, 2014