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Shushanik is from Armavir region. She lives with her husband, son, daughter-in-law and grandchild, Marianna, who is 4 years old. Together with her family, Shushanik is involved in agriculture. She runs a farm which currently includes 40 chickens and 3 cows. Shushanik also owns a plot of agricultural land where 45 apricot, 25 plum and 30 apple trees grow. The whole family works hard to gather good harvests and sell the produce in the local market. Agriculture is the only source of income for this family. As it is very hard for Shushanik to sustain her family and cover its basic costs, she would like to expand her farm. With the help of the loan, Shushanik will purchase 3 bulls, livestock feed and she will renovate her greenhouse which is too old. The loan is very important for Shushanik to expand her farm and ensure a better life for her family.

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
  • 122
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Shushanik to pay for three bulls, livestock feed and to renovate her greenhouse.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 17, 2013
Currency Exchange Loss:
Jun 17, 2014