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Lusine is from Aghitu village of Syuniq region. She is married with one child and is engaged in agriculture. The region is famous for its severe cold climate and locals here are mostly involved in cattle breeding. Lusine keeps livestock, which currently includes 70 sheep, 2 cows, and 10 chickens. She also cultivates wheat and potato and sells the gathered harvest locally.

The income Lusine gathers from farming business is hardly enough for covering family's basic costs. So, in order to improve her business and gather more income, she would like to expand her farm. Lusine has applied for this loan to purchase 15 sheep and wheat seeds for cultivation. The loan is important for Lusine to gather a high enough income to sustain her family and improve their 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
  • 171
    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 $2,500 helped Lusine to buy 15 sheep and wheat seeds for cultivation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 16, 2013
Jun 2, 2013
Currency Exchange Loss:
Jul 18, 2015