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Manik is from Aygeshat village of the Armavir region, where she lives with her husband, mother-in-law, and son.

Manik is engaged in land cultivation. Particularly, she cultivates tomatoes, onions, and melons, and grows cherry trees. Manik's husband sells the gathered harvest locally and gathers income, which is the only income for family.

It is very difficult for Manik and her husband to sustain the family and the agricultural income is very important to them. They own an greenhouse that is too old and needs to be renovated, but unfortunately Manik and her husband have no financial funds for doing the renovation. Manik has requested this loan from SEF International to renovate her old greenhouse and purchase fertilizer for the cultivation of her crops.

The loan will enable this family to cultivate fruits and vegetables in new greenhouse and gather higher income. Manik dreams to give her family appropriate living conditions and ensure a better future for them.

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 $1,500 helped Manik to pay for fertilizer and to cover the renovation costs of her greenhouse.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Apr 23, 2013
May 1, 2013
Currency Exchange Loss:
May 17, 2016