Funded

Total loan: $2,800
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Manushak

Armenia
Karnout, Armenia / Agriculture

A loan of $2,800 helped to purchase seeds, fuel and calves.


Manushak's story

Manushak is from the village of Karnout in the Shirak region of Armenia. She is married with two sons, ages nineteen and twenty-four. She is a community college graduate and has been farming for over twenty years. She is a hard worker and provides extra support to her younger son who is in the army. She dreams of renovating the family home, but first she is looking to grow her business. Manushak would like a loan to purchase seeds, fuel and calves. This investment should increase the family income be around thirty percent. She is pleased with the terms and conditions of microfinance.



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: January 27, 2012
Facilitated by Field Partner: AREGAK Universal Credit Organization

Lenders and lending teams



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: January 27, 2012
Facilitated by Field Partner: AREGAK Universal Credit Organization