A loan of $3,000 helped to pay for three cows.

Norayr's story

Norayr lives with his parents and grandmother in Khndzoresk village, located in the Syunik region. Norayr and his parents are involved in cattle breeding and currently have eight cows and six pigs. Norayr's mother makes cheese which his father sells in the local markets.

Because agriculture is the only source of income for the family, Norayr wants to expand their enterprise and so has requested this loan to purchase three more cows. The resulting increased milk production will be used to make more cheese, thereby significantly increasing family income.

The loan is very important for Norayr, as higher profits will ensure better living conditions for his family.

Loan details

Lenders and lending teams

Loan details