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Sargis has been involved in agriculture for 20 years. He earns his living by running a farm, which currently includes 3 cows, 5 sheep, 2 pigs, and 20 chickens. Sargis also owns arable land where he cultivates wheat and sunflower and sells the gathered harvest locally.

Sargis has a big family of seven (in the photo): Sargis himself, his wife, mother, son, daughter-in-law, and two grandchildren. The whole family helps Sargis with running the farm and they work hard in order to gather good income. Having lots of experience in the agricultural field helps Sargis get high quality milk, meat, and other agricultural products to sell at local markets. The income from agriculture is the only one for the family, that's why it is very important for Sargis to enlarge his farming business.

He has applied to SEF Internation for a loan, which he will use for purchasing 5 oxen and wheat seeds for starting the cultivation process. The loan will help Sargis to increase his agricultural activity and have a profit. Sargis dreams of developing his farm so that his son will be able to get involved in agriculture and will be able to sustain his family in the future.

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
  • 155
    View loans »
    Armenia Loans Fundraising
  • $15,809,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sargis to pay for 5 oxen and wheat seeds for cultivation.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 18, 2013
Jun 2, 2013
Currency Exchange Loss:
Feb 17, 2014