Check out other loans that are currently fundraising!
Svetlana lives in Meghri town with her husband, daughter and son. Her son serves in the army.

Svetlana keeps a cow. She started agribusiness a few months ago and has worked hard to develop it. Realizing how the income from agriculture is important for Svetlana, she has decided to enlarge her farm. Therefore, Svetlana has applied for this loan to purchase 2 cows and forage for feeding the livestock. With the loan's help, Svetlana will be able to start the production of cheese and will gather more income from its sales.

As this is Svetlana's first loan it has been approved within the framework of the new joint initiative between Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products in the past because they have no credit history.

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
  • 169
    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 Svetlana to purchase 2 cows and forage for feeding the livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 30, 2014
Feb 26, 2014
Currency Exchange Loss:
Jan 17, 2016