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Garik is from the Zaritap village of the Vayots Dzor region. He has been involved in agriculture for many years. His livestock currently includes fives cows and 20 chickens. Garik also owns a plot of land where apricots, nuts, apples and pear trees are grown. Garik works hard to gather a good harvest and sell it in the local market. He gets milk, which he uses in cheese production. Due to his hard work, his cheese is highly in-demand among buyers.

Agriculture helps Garik to have a stable income, so he would like to expand his farm. He has applied for this loan to pay for four calves. It is very difficult for Garik to save money for the expansion of his farm, because he is the only breadwinner in a big family. His family consists of his father, mother, wife, six-year-old son, and twin boys who are five years old. Garik does his best to sustain his family and ensure a better life for his lovely 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
  • 165
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Garik to pay for four calves.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Mar 2, 2013
Currency Exchange Loss:
Mar 20, 2016