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Levon is a 49-year-old farmer from Goris. He has been involved in beekeeping for 15 years and currently he keeps 20 beehives. Levon gets high-quality honey which is very much in demand among the locals. The income from selling honey helps Levon to sustain his family's living. He lives with his wife and two school-age children.

Now, for increasing the number of beehives, Levon needs financial support. So, by applying for this loan, he asks for a loan of USD 3,000 to purchase 15 colonies of bees. The loan will greatly assist Levon in getting more honey and increasing his income.

Levon hopes for lenders' support.

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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $16,723,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Levon to pay for 15 colonies of bees.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jul 31, 2013
Sep 3, 2013
Currency Exchange Loss:
Sep 17, 2015