Funded

Total loan: $1,550
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Andranik

Armenia
Ijevan, Armenia / Agriculture

A loan of $1,550 helped to buy some more bee families, which will allow him to produce more honey in future.


Andranik's story

Andranik has been engaged in beekeeping and gardening for 16 years. Andranik sells the honey he produces from his home. He uses the fruit from his garden for his family. Also Andranik grows ornamental trees, especially firs. Andranik says that the main customers for ornamental trees are from Yerevan, as they always order many trees from Andranik.

Andranik is 44 years old; he is married and lives with his wife and 3 school-aged children in Ijevan. Andranik’s wife helps him in beekeeping and with joint effort they produce high quality honey which is always in popular demand. Simultaneously with beekeeping and gardening Andranik works as a boxing teacher at a sports school. Thanks to his occupation Andranik is able to support his big family.

Andranik is seeking a 600,000 Armenian dram loan to buy some more bee families, which will allow him to produce more honey in future and thus to increase his family's income.



Loan details

Loan length:

32 months
Disbursed date: April 10, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

32 months
Disbursed date: April 10, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company