Funded

Total loan: $500
Powered by 17 lenders

Mkhitar

Armenia
Sevan, Armenia / Agriculture

A loan of $500 helped to buy a large lot of potato seedlings, in order to start producing potatoes on his farm.


Mkhitar's story

Mkhitar is a qualified builder, but he has never worked in that trade, since he has been engaged in farming and agriculture since he was very young. He manages to do a perfect job of taking care of his farm animals: a cow, eight sheep, six lambs, and twenty chickens. A plot of land that Mkhitar has will bring some income to his family in the near future, since Mkhitar plans to start potato cultivation. Mkhitar is 45 years old. He lives in the village of Zovaber, which is in the Gegharkunik area, with his wife, three children and his retired mother. His wife works at the local school as a teacher of the Russian language, their elder son is a student, and their other two children are still school-aged. Mkhitar applied for a loan of 200,000 AMD (Armenian drams) to buy a large lot of potato seedlings, in order to start potato production. He thanks all Kiva lenders in advance for their generosity.



Loan details

Loan length:

14 months
Disbursed date: May 14, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 14, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company