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Artak is a farmer from the village Qarakert of Armavir region. He lives with his mother. He works in the private sector, but the salary is so low that he hardly meets the needs of his family. To be able to cover the basic costs, Artak is engaged in breeding pigs, which is a very important source of income for Artak’s family. His mother helps him in everyday activities related to livestock breeding. To sustain his agribusiness Artak currently needs a loan of USD 1500 to purchase one pig and some forage for his pigs. The loan will help him to sustain his agribusiness and develop it further. Artak and his mother will be very grateful to all the lenders for their good will and support in helping them collect the needed loan amount.

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
  • 171
    View loans »
    Armenia Loans Fundraising
  • $17,141,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Artak to purchase one pig and some forage for his pigs.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 18, 2013
Oct 22, 2013
Currency Exchange Loss:
May 17, 2015