Funded

Total loan: $2,750
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Gnel

Armenia
Sevan, Armenia / Farming

A loan of $2,750 helped to buy some cows for his farm.


Gnel's story

Gnel A. is 48 years old. He lives in Tsakhkunk village, an area of Sevan. Gnel has a higher education and for several years he worked as a mechanical engineer. Since 1998, Gnel, his wife, and his son have engaged in farming. On their farm they raise cows, sheep and chickens. Gnel says farming is very laborious, but it allows him to meet his family’s needs. Gnel and his family intend to enlarge their farm, which will allow them to increase their family's income in the future. Gnel is seeking a 1,000,000 AMD loan to buy some cows for his farm.



Loan details

Loan length:

26 months
Disbursed date: February 22, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: February 22, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company