A loan of $1,300 helped to buy potato seeds, fertilizers and tools.

Vachagan's story

Vachagan is from the village of Arevshat in the Shirak region of Armenia. He is married and the proud father of two daughters and a son. He graduated from high school and also has training as a machine operator. Vachagan has been active in the agriculture production sector for 10 years. Vachagan raises cattle, grows vegetables and in his spare time repairs agricultural machinery.

Vachagan is pleased with the credit services of AREGAK UCO and welcomes his participation in Kiva. He is looking for a loan to purchase potato seeds, fertilizers and tools for his machinery repair work. The loan will also help him more easily manage his cash flow during the growing season. With this loan Vachagan expects his income to increase by 40%. His family also supports relatives in the city with agriculture products grown on his farm.

Vachagan hopes to someday purchase new agricultural machinery to improve his business. He considers himself a hard working, sincere person. He has chosen farming because it is the most beneficial and feasible occupation in his village. He really enjoys being a farmer and likes his village especially since he is surrounded by his extended family.

Loan details

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Loan details