Funded

Total loan: $2,975
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Jemma

Armenia
Shirakavan, Armenia / Agriculture

A loan of $2,975 helped to purchase seeds.


Jemma's story

Jemma lives in the Shirak region of Armenia, in the village of Shirakavan. She is the proud mother of three sons (eleven, seventeen and eighteen years old). Together with her husband she has been working on the family farm for eighteen years. She dreams of having all three of her sons receive a university education.

Jemma is a hardworking person and has become an experienced farmer. She is grateful for the services of microfinance, especially that the loan disbursements are efficiently organized. She is looking for a loan to purchase seeds for autumn planting. This loan will increase her investment in the family farm by thirty percent and produce additional income of fifteen percent. The conditions for agriculture are favorable in Shirakavan. Farming is the main source of income for the villagers.



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: July 28, 2011
Facilitated by Field Partner: AREGAK Universal Credit Organization

Lenders and lending teams



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: July 28, 2011
Facilitated by Field Partner: AREGAK Universal Credit Organization