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Susanna is from small village of Ararat region: Azatan. She has been running a farm for 15 years. Currently she keeps 6 chickens; she also owns an orchard where apricot, and peach, plum, nut and pear trees are grown with great love and care.
Susanna works hard to gather good harvest and to sell it locally. The income from agricultural business is very important for her to sustain the family of 5: Susanna herself, her husband, daughter and two little grandchildren. The income Susanna gets from running agricultural business is very important for covering the family's basic costs.
Susanna owns a greenhouse which is old and needs to be renovated. She would like to renovate it and cultivate more fruits and vegetables, but unfortunately she has no financial resources for that.
So, Susanna has applied to SEF International for a loan. With the loan's help, she will pay for the renovation of the greenhouse and will purchase seeds.
The loan is very important for Susanna to enlarge her business and ensure 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
  • 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 $3,000 helped Susanna to pay for renovation of the greenhouse and seeds for cultivation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 6, 2013
May 23, 2013
Currency Exchange Loss:
Jun 17, 2015