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Artashes is 58 years old. He lives in Arevadasht village, of Armavir region, with his wife, daughter, son, daughter-in-law and two grandchildren. The family is involved in an agricultural business. In particular, they have 40 colonies of bees and several cows, whose milk is used in cheese production. Additionally, Artashes owns agricultural land, where he grows peach, apple and pear trees. He sells the harvested fruits locally, in an open market, at good prices. Artashes is a very hard-working man and does his best to ensure a good harvest.

Artashes has requested a loan for purchasing 10 colonies of bees and 5 cows. This will help him increase his family's income and provide better living conditions for his family.

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
  • 168
    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 $2,500 helped Artashes to purchase 10 colonies of bees and 5 cows.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 23, 2012
Dec 10, 2012
Currency Exchange Loss:
Nov 18, 2013