A loan helped to purchase cattle (3 cows) to diversify his agricultural activities and have a stable source of income.

Smbat's story

Meet Smbat, an ambitious farmer. Smbat with his beloved wife lives in Koghb village of Tavush region, in a region that is considered to be a conflict zone.

The couple owns a small farm which is the main source of their income. In the farm, Smbat with the support of his wife Manik grows apples, pears, persimmons, plums, grapes, pomegranate, cornus and nuts. All gathered agricultural produce, he sells in their village and also in nearby villages. Smbat has 10 years of experience in this agricultural sector.

To further develop the family's farm under conditions of ever-growing economic instability, he has applied for this loan. With the financial assistance provided, Smbat is going to purchase cattle (3 cows).

He aims to diversify his agricultural activities which Smbat believes will enable him to have a stable source of income. He is also going to allocate a portion of the loan to pay his past credit liabilities which are due.

Smbat is full of hopes and with his hard work strives for a better future for his family.

This loan is special because:

It allows for those living in an area prone to conflict to access credit with favorable terms.

Loan details

Lenders and lending teams

Loan details