A loan of $2,400 helped to buy two cows and a young calf.

Spartak's story

Young businessman Spartak is still engaged in his lavash (Armenian bread) production and food shop managing.

With the first loan from Kiva, Spartak bought some circulating assets for his bread production. His business is going well and enlarged after Kiva lenders' support. His bread production profit allowed him to start a new agricultural business in his village of Tsovagyugh, which is in Sevan area. Spartak and his father built a barn for animals and started their new farming business.

Spartak breeds cows, bulls and sheep in his farm. Spartak says that it is too hard to be engaged in bread production and farming at the same time, but with his father's help, he does his best in order to enlarge and increase his newly created farm.

This time Spartak needs a loan of 1,000,000 Armenian drams to buy two cows and a young calf and hopes to receive a good profit from farming. Spartak is sure that this second loan will have the same success for him.

Loan details

Lenders and lending teams

Loan details