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Davit is a young farmer from Sisian town. He keeps ten cows and cultivates potatoes. He gets milk and sells it in the local markets. Davit lives with his parents, who are also involved in agriculture. Despite his young age, Davit is a very hard-working farmer and the expansion of his farm is very important to him.

So, he has applied for this loan to purchase forage to be used to feed the livestock. Since agriculture is the only source of income for this family, this loan is very important for Davit to gather more income and make his parents' lives better.

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
  • 142
    View loans »
    Armenia Loans Fundraising
  • $15,799,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Davit to pay for forage to be used to feed the livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 14, 2013
Jan 18, 2013
Currency Exchange Loss:
Jan 17, 2015