Kiva Loans for AREGAK Universal Credit Organization

Silvard : Armenia

Tue, 01 May 2012 23:20:03 PDT

$650 of $2,775 raised.

Started raising funds on May 1, 2012

Silvard is from the village of Arapy in the Shirak region of Armenia. She is married with two sons (twenty-seven and twenty-eight years old). Silvard has a college education and has been engaged as a farmer for the past twenty-five years. She also supports her relatives with produce grown on the family farm. Silvard is a hardworking, honest person. She is looking for a loan to purchase potato seeds, fertilizer and some piglets. Silva expects this investment to increase the family income by fifteen percent. She is pleased with the services of microfinance, especially as loan collections are conducted in her village.

Armine : Armenia

Tue, 01 May 2012 23:20:03 PDT

$675 of $1,625 raised.

Started raising funds on May 1, 2012

Armine is from the city of Gyumri in the Shirak region of Armenia. She is single and has a college education. She is a designer of home furnishings and has been in this business for twelve years. Armine supports her parents and her sister’s family. She is a hardworking, ambitious person and would like to grow her business. She is looking for a loan to buy materials to expand her types of products. Armine expects this investment to increase her income by twenty percent. She would like to continue expanding her business and purchase her own store. She is pleased with the quality of microfinance services.

Taguhi : Armenia

Tue, 01 May 2012 23:30:03 PDT

$550 of $1,850 raised.

Started raising funds on May 1, 2012

Taguhi is from the village of Marmashen in the Shirak region of Armenia. She is married with four children: three daughters (seventeen, twenty and twenty-two years old) and a ten-year-old son. Taguhi has a high school education and has been farming for the past eight years. Previously she was employed as a laboratory assistant. Taguhi dreams of renovating the family home and having all her children graduate from university. She is looking for a loan to purchase potato and barley seeds and fertilizer. According to her plans, this investment will increase the family income by thirty percent. She will continue to save money for her children, expand her business, and help support her relatives. Taguhi appreciates the services of microfinance.

Shahen : Armenia

Mon, 14 May 2012 09:00:10 PDT

$250 of $2,550 raised.

Started raising funds on May 14, 2012

Shahen is from the village of Benjamin in the Shirak region of Armenia. He is married with a four-month-old son. Shahen has a high school education and has been farming for the past twelve years. In addition to supporting his family, he helps his relatives living nearby. Shahen would like to grow his business. He is looking for a loan to purchase calves and fertilizer. He expects this investment will increase the family income by twenty percent. He enjoys living in Benjamin where the air is fresh, nature is abundant, and his friends and relatives live nearby. He is pleased with the services of microfinance.

Svetlana : Armenia

Tue, 01 May 2012 23:20:03 PDT

$275 of $1,400 raised.

Started raising funds on May 1, 2012

Svetlana is from the village of Arevshat in the Shirak region of Armenia. She is married with two children – a twenty-two-year-old daughter and a twenty-one-year-old son. Svetlana has a high school education and has been farming for the past fifteen years. She dreams for her children to have happy lives and looks forward to being a grandmother. Svetlana is also keen to expand her business. She is looking for a loan to purchase seeds, fertilizer and fuel. According to her plan, this investment will increase the family income by eighteen percent. Svetlana was born in Arevshat and enjoys the rural life surrounded by family and friends.

Sofya : Armenia

Tue, 01 May 2012 23:20:03 PDT

$225 of $1,850 raised.

Started raising funds on May 1, 2012

Sofya is from the village of Voghji in the Shirak region of Armenia. She is married with two sons (seventeen and nineteen years old). Sofya has a high school education and has been farming for the past nineteen years. She also supports her relatives living in the city with produce grown on the family farm. Sofya would like to expand her business. She is looking for a loan to purchase two calves. With this investment, she expects her family income to increase by twenty percent. She hopes to keep growing her business and save some money to construct a new family home.

Ruzanna : Armenia

Tue, 01 May 2012 23:20:03 PDT

$225 of $2,775 raised.

Started raising funds on May 1, 2012

Ruzanna is from the village of Gharibjanyan in the Shirak region of Armenia. She is married with three children: a thirty-three-year-old daughter and two sons (thirty and thirty-six years old). Ruzanna has a high school education and has been farming for the past thirty years. She considers herself a hardworking, honest person and is looking to grow her business. She would like a loan to purchase potato and barley seeds and fertilizer. According to her business plan, this investment will increase the family income by forty percent. Ruzanna keeps her business debt under twenty percent of the equity in her business. She is pleased with the services of microfinance.

Hrachik : Armenia

Tue, 01 May 2012 23:30:03 PDT

$225 of $2,775 raised.

Started raising funds on May 1, 2012

Hrachik is from the village of Shirak in the Shirak region of Armenia. He is married with four children: two daughters (thirty-four and thirty-seven years old) and two sons (twenty-nine and thirty-nine years old). He is a trained mechanic and has been working on the family farm for the past eighteen years. Hrachik is a hardworking, respected person in Shirak. His oldest children are happily married and he is looking forward to his youngest son getting married. He is looking for a loan to purchase potato and barley seeds and fertilizer. According to Hrachik’s plan, this investment will increase the family income by thirty percent. Hrachik is careful with his debt. He keeps his loans to less than twenty percent of the equity in his business. He is satisfied with the services of microfinance.