Funded

Total loan: $1,875
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Khachatur

Armenia
Kapan, Armenia / Agriculture

A loan of $1,875 helped to buy a mowing machine for his farm.


Khachatur's story

Khachatur B. is 50 years old and lives with his wife, Aida, in Nerqin Hand village in the Kapan area of Armenia. Khachatur is educated and is now Nerqin Hand’s mayor. His wife is a librarian who works in the village’s library. Khachatur and his wife operate a farm where they produce meat, milk, eggs and honey.

Khachatur has a caterpillar tractor (DT-75), a wheeled tractor (MT3-82) and a utility truck that he uses on his farm. He also rents these vehicles to people in the village. He is requesting a 700,000 AMD (Armenian dram) loan to buy a mowing machine for his farm.



Loan details

Loan length:

26 months
Disbursed date: January 19, 2010
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: January 19, 2010
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company