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Nazik is from Yeghegnut Village in the Armavir Region of Armenia, and is involved in agriculture. Her farm currently includes two cows and five pigs. Nazik also cultivates tomato and eggplant. She works hard to gather a good harvest, sell it in the local market and earn income to sustain her family. Nazik lives with her husband, mother-in-law and son, who travels abroad to financially support his family.

Realizing that the income from agriculture is very important for her family, Nazik would like to expand her farm. This loan will help her pay for two bulls and buy forage (plants) to feed them, fertilizer and tomato seeds. The loan is very important for Nazik to increase her income from agriculture 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 $3,000 helped Nazik to buy two bulls, forage to feed them, fertilizer and tomato seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Mar 22, 2013
Currency Exchange Loss:
Aug 17, 2014