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Heghine is from Vanadzor town, where she lives with her big family of 7: Heghine herself, her husband, parents-in-law and three children. Together with her father-in-law, Heghine has been involved in processing and selling Armenian traditional meal "khash". The main ingredient in “khash” is cow's feet, although other cow parts, such as the head and stomach may also be used.

So, Heghine and her father in law purchase cow's feet, clean it, keep in cold water in order to get rid of the bad smell and then sell them at local open markets. This meal is known among locals in Armenia as a nutritious winter food and its demand is especially high in the cold season. So, as the autumn is the starting season for eating "khash", Heghine needs financial support to be able to purchase cow's feet and meat and purchase plates and containers.

Heghine has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. The loan is very important for this hard working woman and she hopes for the lender's trust and support..

Additional Information

More information about this loan

This loan is part of SEF's startup pilot project to benefit borrowers working in Armenia's non-formal business sector. By providing working capital to artists, auto mechanics, bakers, furniture makers, construction workers and other informal entrepreneurs, SEF aims to help them formalize their businesses, increase their incomes, and build brighter futures.

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
  • 406.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Heghine to pay for cow's feet and meat and purchase plates and containers.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 24, 2013
Oct 29, 2013
Currency Exchange Loss:
Dec 22, 2015