Funded

Total loan: $500
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Karen

Armenia
Kapan, Armenia / Farming

A loan of $500 helped to buy his cattle hay for the winter.


Karen's story

Karen lives where he was born, in the village of Antarashat in the Siunikskaya district. He is 41 years old and married. He has a son and daughter (13 and 14 years old) who study in the village school. Karen lives with his family and his retired parents.

Since 2000, Karen and his family have been in the farming business in Antarashat village. His wife and children help him with the business. Karen keeps cattle and chickens, and he has a large garden where he grows fruits and vegetables. He also owns land that he uses for pasture. Over the course of a year, he sells vegetables, fruit, milk, and eggs. He owns a commercial vehicle for taking his harvest to market in the nearby villages and in the city of Kapan, where he has regular customers. His is very hard work, but it's profitable and it allows him to provide properly for his family.

Karen needs a loan of 200,000 Armenian dram (AMD) to buy his cattle hay for the winter.

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Loan details

Loan length:

14 months
Disbursed date: December 24, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 24, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company