Funded

Total loan: $2,175
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Grenik

Armenia
Kapan, Armenia / Farming

A loan of $2,175 helped to buy six calves for his farm.


Grenik's story

Grenik is 53 years old. He lives in the city of Kapan with his wife, daughter, son and daughter-in-law. Grenik spent almost 30 years working as a policeman and is now retired. His wife is a homemaker, daughter works as a hair stylist, son works as a policeman, and daughter-in-law works as a teacher in the village school. Grenik has been involved in agriculture in the Verin Hotanan village since 1990. This is where his parents are from. He breeds pigs and sheep, grows vegetables and fruits and is also involved in beekeeping on his farm. Grenik leaves some of the agricultural produce for his family and sells the remaining produce to his loyal customers in Kapan. Grenik wants to expand his farm and needs a loan in the sum of 800,000 dram for the purchase of six calves for this farm.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

26 months
Disbursed date: September 5, 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: September 5, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company