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Varujan is an experienced agronomist from Paruyr Sevak village of the Ararat region. He lives with his wife, son, daughter-in-law, six-year-old granddaughter and four-year-old grandson. To take care of his family's needs, Varujan has been extensively engaged in agribusiness for more than ten years. He is involved in cattle breeding, aviculture, breeding livestock of sheep and pigs, and in the cultivation of watermelon, apricot and grapes. His family members help him greatly in his everyday farming activities; his son sells the agricultural products in the local market, which is the main source of the family's income.

The barn of the livestock is currently in poor condition and needs to be renovated. To sustain his agribusiness and make it more productive, Varujan needs a loan of 2,600 USD to renovate the barn and purchase forage for the livestock. Varujan and his big family highly rely on the goodwill of lenders and will highly appreciate their support in collecting the needed loan to maintain 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
  • 124
    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 $2,600 helped Varujan to renovate the barn and purchase forage for the livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Nov 11, 2013
Currency Exchange Loss:
Nov 17, 2015