Check out some available loans that are similar to this one!
Razmik is from the village Hagvi of Lori region. He lives with his wife, school-age daughter (11 years old), his parents and his brother. Razmik works as a driver in the private sector. However, his salary alone is not enough to meet the everyday needs of the family. Razmik, with the help of his family members, is engaged in breeding livestock such as cows, sheep, pigs, piglets, and hens and in the cultivation of alfalfa. Farming is the most important source of income for the family. As life is getting more expensive day by day, Razmik wants to enlarge the livestock to be able to cover the growing needs of his big family. A loan of USD 3,000 will help him reach his goal, enabling Razmik to purchase three cows. The family will be very thankful to the lenders for their good will in helping them sustain and develop their agribusiness

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
  • 167
    View loans »
    Armenia Loans Fundraising
  • $17,075,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Razmik to purchase three cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 9, 2013
Oct 13, 2013
Currency Exchange Loss:
May 17, 2015