100%

funded

Total loan: $2,100

Hakob

Kaqavadzor village, Aragatsotn region, Aragatsotn Province, Armenia / Agriculture

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A loan helped to purchase high-quality fodder and wheat seeds to plant on his farm, along with materials needed for successful cultivation, aimed at having a stable source of income for his family.


Hakob's story

Meet Hakob, a hard-working agronomist from Kaqavadzor village of Armenia. Hakob is married and is with his wife and three children.

Being the main breadwinner of the family, he owns a small farm. The livestock of the farm includes cows and sheep. Hakob sells the agricultural products of the farm in the local market.

Due to severe competition in the market and high increases of input material prices, he applied for this loan. Hakob plans to improve the quality of his products delivered and, thus, reestablish his standing in the market. With the money provided, he is going to purchase high-quality fodder and wheat seeds to plant on his farm, along with materials needed for successful cultivation. Hakob also plans to pay his past credit liabilities, which are due.

He is full of hopes and strives for a better future for his family. Hakob dreams of having a stable source of income to provide proper education to his children.