Funded

Total loan: $1,875
Powered by 60 lenders

Davit


A loan of $1,875 helped to purchase calves and feed.


Davit's story

Davit lives in the village of Arevshat in the Shirak region of Armenia. The name of the village means “lots of sun”. He is married with three children: two daughters (ages eight and twelve) and a six-year-old son. Agriculture is the way of life in Arevshat, and Davit has been farming for over eighteen years. In order to expand his business, he would like a loan to purchase feed and calves. Davit is going to save some of the proceeds from this investment to reconstruct his cattle shed. This loan will help increase the family income by around twenty percent. He is pleased with microfinance services, especially that repayments are organized in his village.



Loan details

Loan length:

21 months
Disbursed date: January 30, 2012
Facilitated by Field Partner: AREGAK Universal Credit Organization

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: January 30, 2012
Facilitated by Field Partner: AREGAK Universal Credit Organization