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Albert is 30-year-old father of five children. He lives in the Hatsashen village of the Aragatsotn region. Albert is engaged in agriculture. He keeps a cow, 30 sheep, and also has a plot of land where he cultivates wheat and barley.

As it is very difficult to sustain such a big family, Albert wants to expand his farm. He needs some financial investments for which he has applied for the loan. With the requested amount, Albert will purchase forage for feeding the cattle during winter.

As agriculture is the only source of income for this young family, it is very important for Albert to earn more income and cover the basic needs of his family.

Albert and his wife dream to have a big farm and save money for the education of their 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
  • 138
    View loans »
    Armenia Loans Fundraising
  • $15,757,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Albert to pay for forage for feeding the cattle during winter.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Nov 15, 2012
Nov 22, 2012
Currency Exchange Loss:
Jul 17, 2013