Funded

Total loan: $1,475
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Artak

Armenia
Ijevan, Armenia / Livestock

A loan of $1,475 helped to buy a large lot of fodder for his farm animals.


Artak's story

Artak is engaged in animal husbandry and land cultivation in Vazashen village, Tavush region. He rears cows, calves, pigs, and two horses as well. Artak produces meat, milk and butter, which he sells in his village. He also grows figs, Oriental persimmons and nuts to sell. Artak grows vegetables for his family’s use. He has two trucks which he and his father use to transport produce and cows and calves in the mountains. He fulfills private orders for transportation as well.

Thanks to his occupations, Artak supports his family and he was also able to pay for his sisters’ education, organize his wedding, repair his house, buy necessary furniture, and buy two trucks.

Artak is 27 years old. He lives in Vazashen village with his parents, two sisters and his wife. Artak’s parents help him with his agricultural activities. His elder sister is a teacher at school. His wife and younger sister are jobless.

Artak is asking for a 600,000 dram loan to buy a large lot of fodder for his farm animals.



Loan details

Loan length:

26 months
Disbursed date: June 29, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: June 29, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company