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Mayisik is from the Hartashen village of the Syunik region, which is famous for its severe cold climate. People there are mostly involved in cattle farming and some land cultivation.

As a father of three children, Mayisik works hard to gather income and sustain his family. Mayisik breeds cattle. His livestock currently includes 12 cows, 10 calves, a pig and five chickens. He also cultivates wheat and sells the gathered harvest to locals.

As the sole financial income of the family comes from agriculture, Mayisik would like to expand his farm. He has applied for this loan to purchase two cows and forage for feeding the livestock. The loan is important for Mayisik to be able to expand his farm and gather more income, which will help him to improve his family's living conditions.

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
  • 161
    View loans »
    Armenia Loans Fundraising
  • $17,086,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mayisik to pay for two cows and forage for feeding the livestock.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Mar 25, 2013
Apr 2, 2013
Currency Exchange Loss:
Jun 17, 2014