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Vasil runs a farm. He keeps 12 little pigs and seven cows, cultivates potatoes and cucumbers, as well as grows peaches, apricots, cherries, and plum trees. He has been involved in agriculture for already five years. The family's sole financial income comes from agriculture so it is very important for Vasil to gather good harvest and get a high income. As Vasil has no financial means to expand his farm, he has applied for this loan. With the loan's help, Vasil will purchase three pigs, two bulls, forage for feeding the livestock, and potato seeds. This will significantly increase Vasil's agricultural income and will give him an opportunity to ensure better living conditions for his family. Vasil lives in Dashtavan village of Ararat region with his wife and 25-year-old son.
Vasil is 59-years-old, and he hopes that the loan will help him to expand his farm and live a better life.

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
  • 163
    View loans »
    Armenia Loans Fundraising
  • $17,083,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vasil to pay for three pigs, two bulls, forage for feeding the livestock, and potato seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 7, 2013
Feb 27, 2013
Currency Exchange Loss:
Mar 19, 2015