A loan of $2,150 helped to buy and grind a large lot of fodder.


Arman's story

Arman is 25 years old. He lives in Koti village, Tavush marz, with his wife, his son and grandmother.

Arman has a farm where he breeds pigs, turkeys, chickens and rabbits. Also he grows wheat. He sells pork, eggs, chicken and turkey meat to bulk buyers. But Arman's principal source of income is fodder threshing: his fellow villagers bring fodder to him and Arman grinds it for a fee. Thanks to his occupations Arman has been able to sustain his family, buy necessary furniture, and repair his house.

Arman says that selling ground fodder is more profitable than just grind it for a fee. So he decided to buy a large lot of fodder, grind it and sell it. Therefore he asks for an 800,000 Armenian Dram (AMD) loan. This is Arman's third loan from Nor Horizon and he has never delayed his repayments.



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Loan details