Funded

Total loan: $1,250
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Armen

Armenia
Kapan, Armenia / Agriculture

A loan of $1,250 helped to buy netting for his garden fence and to do concrete work in the garden.


Armen's story

Armen was born in 1972 in the city of Kapan and still lives there. Armen is an economist by profession and graduated from the Yerevan Institute of National Economy. Armen is married and has a daughter and son who are 11 and 13 years old. Armen's wife has her own store where she sells clothing and women's accessories.

Armen and his family have been in the agriculture business for nearly 10 years. Armen's family owns a wonderful plot of land in Kapan where they grow vegetables and fruits. Armen sells his agricultural products in Kapan and he has had a lot of regular customers over the years.

As Armen says the agriculture business is difficult work but profitable, according to him you need to love the land so that it rewards you for your hard work.

Armen needs a loan of 500,000 Arm. dram to purchase netting for garden fencing and for concrete work in the garden.

Translator profile picture

Translated from Russian by Kiva volunteer Sabina Holzman



Loan details

Loan length:

20 months
Disbursed date: December 13, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: December 13, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company