Total loan: $850


Artik, Shirak Province, Armenia / Agriculture

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A loan helped to purchase livestock.

Alvard's story

Alvard lives in the Shirak region of Armenia in the town of Artik. Her current financial means are insufficient to make the necessary investments in her business. Therefore she is working with microfinance loans. Alvard is a hardworking honest person who has been raising livestock for the past three years. She is also a trained nurse which was quite helpful raising her three sons (twenty-eight, thirty and thirty-two years old). Alvard wants a loan to purchase additional livestock. This investment should increase her income by twenty percent. Alvard plans to use some of the proceeds to construct a new cattle shed. She enjoys the nature of her town and living near her relatives.