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Shushik is involved in agriculture. She keeps livestock which currently includes 3 cows, 4 oxen and 20 chickens. She also grows apricots, peaches, cherries, nuts, apples and pears.
Shushik lives with her husband and two sons: Grisha (who is 17 years old) and Vahe (who is 15 years old).
The main income of the family is gathered from selling their harvest and milk products in the local markets. It is very important for Shushik to expand her agricultural business. As a result, she has applied for this loan. With the loan's help she will purchase a heifer. She plans to grow and fatten it, then sell it for a higher price.
Shushik hopes that the loan will help her to increase her income and she will be able to ensure a better future for her sons.

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
  • 169
    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 $1,500 helped Shushik to pay for a heifer.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 25, 2012
Jan 18, 2013
Currency Exchange Loss:
Jan 17, 2016