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Aida has been involved in agriculture. She lives in a small city called Jermuk in one of the beautiful regions of Armenia, Vayots Dzor. Aida lives with her three children and husband who works locally as a policeman. Unfortunately, his salary does not allow the family to live maintain their lifestyle and there are a lot of costs that the family can't cover. In order to help her husband to sustain the family, Aida started a bee-keeping business two years ago. She keeps 30 colonies of bees and a calf. Aida makes honey which she sells locally. As honey is must have item for each household in the region, there is a big demand for that. So, in order to meet current market demand and gather high income, Aida would like to increase her agricultural business.

Aida has applied for this loan to purchase ten bee colonies. Realizing that agricultural income is very important for her, Aida would like to enlarge her agricultural business and ensure a 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
  • 173
    View loans »
    Armenia Loans Fundraising
  • $17,065,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Aida to pay for ten bee colonies.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 2, 2013
Currency Exchange Loss:
Dec 17, 2014