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Susanna lives in Lukashin village of the Armavir region with her husband. They are involved in beekeeping and own a small and beautiful farm, which they take care with great pleasure and enthusiasm. The couple gets high quality honey, sells it locally and gathers income.

Susanna is 58 years old and her husband is 66 years old, so it is very hard for them to find job and their income comes only from their agricultural business. That's why Susanna and her husband want to enlarge their farm. Susanna has requested this loan to purchase seven colonies of bees and to expand her honey selling business. Over several years of hard work Susanna and her husband were able to create a business and minimal conditions for living. The loan is very important for them to enlarge their farm and improve their life.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $16,727,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Susanna to pay for seven colonies of bees.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jun 14, 2013
Jul 1, 2013
Currency Exchange Loss:
Dec 17, 2014