A loan of $2,700 helped to buy three more cows for his farm.

Armen's story

Armen is 33 years old. He lives with his mother in Ddmashen village, Sevan area. Since 2003 Armen has been working for the police and at the same time he and his mother are engaged in land cultivation and animal breeding.

Armen and his mother breed cows, sheep, pigs, and chickens. He sells the produced dairy products to fellow villagers, and the meat to butchers. He uses the rest of the agricultural produce for his family's needs. He also grows wheat and oats, which he uses as fodder for his farm animals. Thanks to farming, Armen provides for his family and now he intends to buy three more cows. This will help him to sell more dairy products and thus to increase his family income in the future. Therefore, he needs a loan of 1,000,000 Armenia drams (AMD).

This is Armen’s third loan from Nor Horizon and he has never been delayed in his repayments.

Loan details

Lenders and lending teams

Loan details