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Aramayis has been involved in cattle breeding for 10 years. His livestock currently includes 30 sheep, a cow and an oxen. He gets milk, meat and other agricultural products and sells them locally. Aramayis's wife works at local school as a teacher and helps her husband to sustain the family. They have two children and do their best to provide them appropriate living conditions.

As Aramayis has no financial resource for enlarging his cattle business he has applied for this loan. With the loan's help he will purchase 22 sheep and will be able to increase his income.

Aramayis dreams of having a big farm which will be very profitable and being able to ensure a better life for his 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
  • 170
    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 Aramayis to pay for 22 sheep.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 2, 2013
May 21, 2013
Currency Exchange Loss:
Oct 17, 2014