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Narek is a young farmer from Tavush region. His farm currently includes 20 chickens and 7 pigs. He cultivates potatoes and grows different kinds of fruit trees (plum, cherry, apple, and pear).

As the only breadwinner of the family, Narek works hard to earn a good income. His family includes four people: Narek himself, his wife, and his parents. In order to enlarge his farm, Narek has applied for this loan. With the loan's help, he will purchase two calves and forage for feeding them. This is important for him, to get a higher income and 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
  • 172
    View loans »
    Armenia Loans Fundraising
  • $17,065,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,500 helped Narek to pay for two calves and forage for feeding them.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 17, 2013
Jun 2, 2013
Currency Exchange Loss:
Jul 2, 2013