Funded

Total loan: $2,975
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Parandzem

Armenia
Arapni, Armenia / Cattle

A loan of $2,975 helped animal feed and fuel.


Parandzem's story

Parandzem M. is from the village of Arapni in the Shirak region. She is married with two children – a 25-year-old daughter and 28-year-old son. She has been working intensively in cattle breeding for the past ten years. Thorough her hard work she has now developed a successful microbusiness. She has built a high quality cattle shed, which has improved the quality and health of her animals. At this time, Parandzem would like to expand her business. She is looking for a loan to purchase additional fuel and quality feed. She expects her business income to grow by 25 per cent with this loan. It is Parandzem’s dream to open a grocery shop in her village and she is always saving small amounts of money for this. Microfinance funding is convenient because she can receive services in her village of Arapni. Parandzem enjoys life in Arapni with her friends and family.



Loan details

Loan length:

21 months
Disbursed date: July 15, 2010
Facilitated by Field Partner: AREGAK Universal Credit Organization

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: July 15, 2010
Facilitated by Field Partner: AREGAK Universal Credit Organization