Funded

Total loan: $1,225
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Armen

Armenia
Ijevan, Armenia / Farming

A loan of $1,225 helped to buy young trees of fig, pear, apple and plum for his new fruit garden.


Armen's story

Armen is 29 years old and lives with his parents in Ijevan city. Armen graduated from Ijevan State College. He is a commodities expert, but he has never worked at his profession. After graduation and military service, Armen has worked in the transportation sphere. Now Armen is a taxi driver.

At the same time, Armen and his family are engaged in farming. Armen has a plot of land in Ijevan and there he performs his agricultural business. Armen grows fruits and vegetables and sells them in Ijevan fruit markets. Armen’s parents help him in farming. From time to time his father goes to work abroad and helps his family from the Russian Federation.

Armen decided to establish a new orchard and hopes to receive good profit after a few years as he said that he will have to patiently wait until the new trees became mature and start to give good harvest.

Armen needs a loan to buy young trees of fig, pear, apple and plum for his new fruit garden.



Loan details

Loan length:

20 months
Disbursed date: April 5, 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: April 5, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company