Total loan: $1,750


Flag of Armenia
Gegharkunik region, Gegharkunik Province, Armenia / Agriculture

Vahagn's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to expand his farming operations by purchasing two additional cows.

Vahagn's story

Vahagn is a 41-year-old father of six children (four daughters and two sons). His oldest daughter is a student, while his other children are nearly school-age.

He has a vocational education and a specialty in mechanics, but he then developed skills as a tailor. For five years he worked as a shoemaker, but in recent years he became engaged in farming and agriculture activities.

On his farm he has four cows, four bulls, four calves, and 21 piglets; he also has a tractor and a combine of his own. He sells his farm outputs and receives good profits from his sales. This year he managed to gather a lot of hay for his cattle, which ought to be more than enough for the winter months.

Vahagn is asking for a loan in the amount of 700,000 AMD in order to buy two more cows and to increase both his farm cattle and his family income.