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56-year-old Silvard lives in Arevadasht village of Armavir region with her son. The family earns their living through an agricultural business. More specifically, they own a plot of land where several kinds of vegetables are grown. Silvard and her son work hard in order to get a good harvest and then sell it in the local markets.

As winter has come and they should wait for spring to sell their harvest, Silvard wants to expand her agricultural business and start raising pigs. For that she needs some financial support, so Silvard has applied for this loan. With the requested loan, she will purchase three pigs and forage for feeding them. With the help of her son, Silvard will work hard to raise the pigs and sell them for a higher price. This will significantly increase their income and they will have better 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
  • 155
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Silvard to purchase three pigs and forage for feeding them.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 26, 2012
Dec 18, 2012
Currency Exchange Loss:
Nov 17, 2014