A loan of $1,400 helped to purchase potato seeds, fertilizer and fuel.


Aram's story

Aram is from the village of Arevshat in the Shirak region. Arevshat means “lots of sun”. He is married with two sons, aged fifteen and eighteen. Aram has a high school education and has been farming for the past twenty-five years. He also supports his relatives with produce grown on the family farm. He would like a loan to purchase potato seeds, fertilizer and fuel. Aram expects this investment to increase his family's income by twenty-two percent. He is careful to keep his debt low, and the equity in his business is six times more than his loans. Aram is pleased with the services of microfinance and the opportunity to grow his business.



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Loan details