A loan of $2,650 helped to buy seeds, diesel fuel, seedlings, fertilizers and fodder for his animals.


Savad's story

Savad was born in Kapan city. He is 47 years old. After marriage, Savad moved to live with his wife in the village of Geghi, which is in the Kapan area. He has two sons; the elder one is married and lives separately from his parents. Since 1994, Savad has been engaged in an agricultural business with his wife. This is the main source of Savad’s family income. Savad has a large plot of land near his house where he grows fruits and vegetables. He has also a large barn for animals; he breeds cows, chicken, and rabbits and has many beehives. The big part of his agricultural income comes from beekeeping. All of his agricultural products, Savad sells in the fruit markets of Kapan and Kajaran cities. For Savad, this is first loan from Nor Horizon and Kiva. He needs a loan of 1,100,000 Armenian drams to buy seeds, diesel fuel, seedlings, fertilizers and fodder for his animals. He hopes to receive a good profit in the nearest future.



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Loan details