Funded

Total loan: $1,000
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Hovik

Armenia
Sevan, Armenia / Cattle

A loan of $1,000 helped to buy two cows.


Hovik's story

Hovik H. is 46 years old and lives in Geghamavan village in the Sevan area. Hovik is married and has three sons. One of his sons is serving in the Armenian Army and the other sons are studying in Sevan technical secondary school. Hovik worked as a worker for about five years and as a driver for about eight years. Hovik has been engaged in farming for 15 years. On his farm he has cows, calves and sheep. His wife helps him in farming. With their income from animal husbandry, they keep their family and pay for their sons’ education.

Hovik needs a 400,000 AMD loan to buy two cows, which will help him to increase his family’s income.



Loan details

Loan length:

26 months
Disbursed date: April 14, 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: April 14, 2010
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company