Total loan: $800
Saralanj, Kotayk Province, Armenia / Agriculture
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A loan helped Fertilizers, Seed and Animal Feed.
Silva M. is from the villiage of Saralandj in Shirak Marz in the Republic of Armenia. She is an accountant by training with a high school education. Silva is married with a daughter and 2 sons. She has other relatives in the town of Artik who she helps by providing fresh vegetables. She has been involved in agricultural work for over 18 years and enjoys working with the land. Currently her daughter studies at the State University of Yerevan in the capital of Armenia. Her 2 sons are studying in primary school. It has been difficult for Silva to raise the investment required to grow her small livestock and vegetable production business and support her childern’s education. Therefore, Silva is looking for an $800 loan to increase the number of cattle and purchase seed. From her business plan she is expecting a 20% increase in her income with the increase of her livestock and vegetable growing businesses. This additional income will allow her to continue supporting her daughter’s education. Silva is fond of her village, Saralandj, where she was born and is fortunate to have most of her closest relatives living near her family.