Funded

Total loan: $1,575
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Vazgen

Armenia
Ijevan, Armenia / Fruits & Vegetables

A loan of $1,575 helped to buy large amounts of fruit to sell.


Vazgen's story

Vazgen is still engaged in selling vegetables. His parents are very old and pensioners, which is why he has had to work hard to sustain his family.

For over twenty years Vazgen has plied his trade in Ijevan Central Market. His profits have enabled him to buy furniture for his home and a car. At first he was selling only cucumbers and potatoes. Then he expanded to various other kinds of vegetables such as tomatoes, cucumbers, zucchini, pumpkins, peppers, eggplant, green beans, etc. He sells from the back of his car.

Now Vazgen is applying for a 650,000 AMD loan from Kiva lenders through Nor Horizon to start selling fruit. He expects more in profits from this deal. He will use the anticipated income on his house, which has not seen any repairs in more than 25 years.



Loan details

Loan length:

20 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company