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Ara is a farmer from Gyumri town. He grows potatoes and breeds cattle. His livestock currently includes 9 mother and 32 little pigs. Ara lives with his wife and two children.

He has applied for this loan to expand his agricultural business. With the requested amount Ara will purchase potato and barley seeds. He is a very hardworking person and he will do his best in order to get a good harvest and have high income. This will enable him to improve his family's 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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $16,727,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ara to pay for potato and barley seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 13, 2012
Jan 3, 2013
Currency Exchange Loss:
Jan 17, 2015