Funded

Total loan: $3,000
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Samvel


A loan of $3,000 helped to purchase more livestock.


Samvel's story

Samvel is 33 years old. He lives in Kapan City, in the south of Armenia, with his wife and four children. Samvel runs a farm, where he has been breeding livestock for eight years. The main income from agriculture comes from selling the milk and meat in the city.

Currently the number of livestock in Samvel's farm is 13. Samvel has applied for this loan in order to purchase more livestock and develop his farm. With the loan's help Samvel expects to increase the sales of meat and milk and get more income. Samvel's house needs to be repaired, so additional income is vital for him to solve this problem and insure improved living conditions for his children.



Loan details

Loan length:

26 months
Disbursed date: February 27, 2012
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: February 27, 2012
Facilitated by Field Partner: SEF International