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Zhanna is married and has a son. She lives with her family in Berqanush village of Ararat region, where together with her family she runs a farm.

In the farm, they currently keep two pigs and cultivate cabbage and potatoes in the greenhouse. Near the village where the family lives, they also own a plot of land where apple and plum trees are grown. The gathered harvest Zhanna's husband sells in the city market and so gathers income for the family's living.

Now, this hardworking family needs financial support for improving their farm. As this is Zhanna's first loan, it has been approved within the framework of the new joint initiative of Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products before, because they have no credit history.

The loan will help Zhanna to renovate the greenhouse and expand the cultivation process. She will also purchase forage for feeding pigs and fertilizer, which is very important for successful cultivation of the land.

Zhanna waits for lenders' support.

Additional Information

More information about this loan

This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.

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
  • 137
    View loans »
    Armenia Loans Fundraising
  • $16,733,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Zhanna to pay for the renovation of the greenhouse, forage for feeding pigs, and fertilizer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 30, 2013
Sep 4, 2013
Currency Exchange Loss:
Aug 17, 2015