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Marine is from Paraqar village and lives with her husband and parents. Her father and husband work at a local combine and their salary is hardly enough for covering the family's basic costs.

The family owns a barn which is too old and needs to be renovated. Now Marine needs some financial support to renovate the barn and start breeding cattle, so she has applied for this loan.

The renovation of the barn is very important for Marine to start breeding cattle and gathering a monthly income. The loan is very important for Marine to sustain her family and cover its basic costs.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $16,783,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Marine to pay for the renovation of the barn.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 21, 2013
Currency Exchange Loss:
Nov 17, 2014