Check out some available loans that are similar to this one!
Andranik is from Lernantsq village. He lives together with his parents (who are in the photo), grandfather, sister, brother and sister-in-law. The whole family have been involved in agriculture for 20 years. They run a big farm which includes cows, sheep, calves, oxen, and chickens, as well as an arable land where potato and wheat are cultivated.
The whole family runs the farm with great love and care and for many years the farming business has been the only source of their income.
So, by applying for this loan, Andranik would like to ask Kiva lenders for support. He needs the loan to be able to purchase potato seeds and forage for the livestock.
He has already taken out a loan from a local financial institution, but unfortunately wasn't able to repay it. However, thanks to his hard work during recent years, Andranik and his family were able to run their agribusiness in a sustainable way, ensuring that they will be able to cover monthly payments. So, he has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF International which provides a second-chance loan to people who have a bad credit history and no access to credit.
The whole family waits for your support.

Additional Information

More information about this loan

This loan is designed for clients who are considered to be riskier borrowers. SEF is committed to expanding financial access to these individuals, disbursing loans to clients who have no previous credit history, damaged credit, or who have been unable to get loans from other lending institutions.

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
  • 121
    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 $3,000 helped Andranik to pay for potato seeds and forage for the livestock.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jan 23, 2014
Feb 17, 2014
Currency Exchange Loss:
Mar 20, 2016