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Sahak has been involved in agriculture for 12 years. He owns a farm that currently includes 6 mother pigs, 59 little pigs, and 100 chickens. He also owns agricultural land where he cultivates barley and wheat and grows peach trees. Due to his hard work, Sahak's farm is one of the best farms in the whole village. He would like to enlarge his farming business but unfortunately does not currently have sufficient financial means. So he has requested a loan to purchase fertilizer, forage to feed the livestock and fuel to transport the harvest to the market. The loan is very important for Sahak to continue the expansion of his farm and earn more agricultural income, income which is vital for him to sustain his family (pictured in the photo).

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
  • 173
    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 Sahak to purchase fertilizer, forage to feed the livestock, and fuel to transport the harvest to the market.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 3, 2013
Apr 16, 2013
Currency Exchange Loss:
May 17, 2015