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Artak is a proactive young farmer from Kornidzor village. He has been involved in agriculture for 7 years already. His livestock currently includes 4 cows, 15 sheep, 2 mother pigs, 6 little pigs and 5 chickens.

Agriculture helps Artak to sustain his family, so he would like to expand it. Artak has applied for this loan to purchase 3 cows. This will enable him to get more milk and milk products, the selling of which will give him high income.

Artak is married with two little sons and he does his best to cover his young family’s basic costs and ensure a better life for his little 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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Artak to pay for 3 cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Mar 2, 2013
Currency Exchange Loss:
Mar 19, 2015