Funded

Total loan: $1,200
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Vanik

Armenia
Sevan, Armenia / Farming

A loan of $1,200 helped to buy two cows and animal fodder.


Vanik's story

Vanik and his elder son are engaged in agriculture and farming and year by year it is obvious that hard working and contentious investments bring good profit. In their farm they keep two cows, one bull, two calves and seven beehives. They also have a piece of private land on which they have several apple trees and they also cultivate potatoes.

Vanik and his family lives in the village of Lchashen in the Gegharkunik Province. Vanik has a wife and two sons and the younger son is a student. Vanik has worked in different places and he has done different work but small salary for a great deal of time have made Vanik fully engaged in farming.

Vanik is asking for a loan of 500,000 Armenian drams in order to purchase two cows and animal fodder. Vanik has already taken loans from Nor Horizon three times and he has never been late paying back.



Loan details

Loan length:

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

Lenders and lending teams




Loan details

Loan length:

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